[goldstategop]

Layoffs are stupid. Its sort of taking the corporate chainsaw to a company's workforce. The good are equally tossed out with the bad. And good workers will be snapped up by a company's competitors. So the company sees profits bleed and it loses skilled people who are hard to replace. A lean company might make sense for a small business but not a multi-million dollars corporation that covers a lot of territory. And the people lost don't come back.

"Show me just what Mohammed brought that was new, and there you will find only things evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelogus

[Night Hides Not]

And good workers will be snapped up by a company's competitors.

In a normal downturn, I'd be agreeing with you. But this is an Obama downturn, and it will be months before any meaningful job growth occurs.

In the interim, it appears that growth will be more due to inventory replacement than anything else. What's that term? Inventory whipsaw, or is it whiplash?