Massive Layoffs Today- Your thoughts on the economy?

No affect on my life.....yet.

 

Dey took their jerbs!

 

who cares. the recession is officially over.

 

we're recovering

jobs are a lagging indicator.

 

What happens when those with no jobs can't pay mortgage?

There was a great episode in its always sunny about the self sustaining economy. While it was comical it might be line what the US govt is doing.

 

I expect a pullback from the market. Hopefully not too severe, but people smarter than me are concerned.

 

Besides my 401(k), the recession has treated me well.

 

this happens everytime, AL. it's not like we haven't seen it before. that's why recoveries are longer than we might think.

but this time last year the sky was falling...now we're looking at a growing economy in spite of being on the brink just 12 months earlier. one step at a time.

 

i juist hope politicians don't try another ridiculous "stimulus package"

I'm suprised so many are laying people off now, and not 8 months ago...but maybe they thought they could avoid it.

 

As sports fans, I think we should be concerned with this trend of going to a sporting event being too expensive. There was an article on ESPN a couple of weeks ago that talked about how if you make over $150K a year, going to a sporting event live fits into your budget but if you make less than $150K a year, forget about it.

If it gets to the point that fewer and fewer people are going to sporting events live, then that will cause teams to lose money and fold. Looks like some drastic things will have to occur to stop that from happening, IMO.

 

Except real unemployment is at its greatest since the great depression. What will be the catalyst to change that?

 

I disagree. Ensuring people can support themselves is an important part of "we're recovering". While leading indicators suggest we will recover, I think it is premature to spike the football until one crosses the goalline as you never know when someone will fumble the ball.

 

Ruh roh...

Siemens?

Anyone looking for an IT guy?

 

i got robbed last weekend in midtown. im pretty sure if that guy had a job, he wouldnt have robbed me

 

i didn't say we recovered...i said we're recovering. and it may not be a straight line up. it may not be a V shaped curve.

to fail to acknowledge that is to fail to realize how dire it was back in September of 08.

 

well we have a growing economy now...so i'm guessing that will...as it has been before...over and over again. until it all happens again.

 

What is yer skill set? Bowhunting skills, etc.? I'm asking because this here place might have some part time / full time hardware openings. I know you can "Fry's" with the best of them, but I am not sure what exactly you FRY'd.

 

No, its the fact that he's had to increase his robbings by 10% to meet his weekly goals.