HiTech - with today's crappy economy....

[Sunka]

Their are a lot of us that have already lost our jobs ...and just don't have money to spend.

[Anaxogoras]

my guess would be that if everyone would stop harping on the crappy economy, and spend money on something...anything, then the economy wouldn't be so crappy.

Like I said in another thread in the O'Club...

The economy needs the average consumer to spend more like an alcoholic needs one last drink before sobering up.

That's the solution in a nutshell.  Because everyone is worried about losing their job they are hording cash.  This just leads to less revenue for companies meaning they must reduce their costs.  Hence the job cuts, and so more fear, and more hording of cash.

I think more are trying to manage their debt than they are hording cash.  Economic expansion based on loose and endless credit can only go so far.

[Dadsguns]

I think more are trying to manage their debt than they are hording cash.  Economic expansion based on loose and endless credit can only go so far.

You hit that one dead center, its a direct reflection of where it should be without the over inflated economy of the past....

[CAP1]

Like I said in another thread in the O'Club...

The economy needs the average consumer to spend more like an alcoholic needs one last drink before sobering up.

I think more are trying to manage their debt than they are hording cash.  Economic expansion based on loose and endless credit can only go so far.

well, if they're managing their debt, they're still spending. the fact is, that things need to be bought. no one buys this widget, eventually ace widget company lays off some of the workforce. that doesn't save em, they they close their doors. now there's former employees, not only hoarding their money, but collecting unemployment, thus adding double load to the system. and then of course it snowballs from there.

 now, i'm obviously no financial expert or wiz.........but this would seem to make sense though.

[CAP1]

Their are a lot of us that have already lost our jobs ...and just don't have money to spend.

i see help wanted signs all around philly, and south jersey.

[CAP1]

See Rule #14

[Crash Orange]

The economy needs the average consumer to spend more like an alcoholic needs one last drink before sobering up.

True, but the problem in each case is the same: the withdrawal has the potential to be so severe that it kills the addict.

[Anaxogoras]

True, but the problem in each case is the same: the withdrawal has the potential to be so severe that it kills the addict.

Oooh!  I like that analogy too!

[Sunka]

i see help wanted signs all around Philly, and south jersey.

Well if i lived in NJ or Philly then i would be just great,but......I don't.Do you think all the numbers that are out on all time high job loss are all fake? Nice how some live in their own little worlds.

[CAP1]

Well if i lived in NJ or Philly then i would be just great,but......I don't.Do you think all the numbers that are out on all time high job loss are all fake? Nice how some live in their own little worlds.

nope, i don't think they're fake. they can however be manipulated though to look worse or better. politicians do that kinda stuff all the time. that being said, i do realize that unemployment is higher now than it has been in a loong time.

 in 1978, i was 15, and that's when i got my first job. i've not been longer than 2 months without a job ever since, and going that long was very very rare. there's always someone looking for help somewhere. you might hafta do a poop job that you don't like, but they're out there.

ooo..and my point with the statement you quoted........if there's help wanted signs in the philly/south jersey area, then i highly doubt that other areas of the country are very different.

not trying  to be a wise arse........just sayin........

[Sunka]

Well one thing that makes me feel good .....in 78 i was one year old.

[LLogann]

Sounds like we need to ask Congress for an Aces High bailout.

[Sunka]

Its working so well for the car company's and banks.

[CAP1]

Well one thing that makes me feel good .....in 78 i was one year old.

sheesh!!!!!

makin me fel like an old fart!!!!!!

[mbailey]

I'm next.  Been battling pneumonia for a spell here now, so it's real easy to find the motivation.

I was a pack a day smoker for 18yrs, used Chantix and poof, no problems quitting, no funny dreams nothing. The stuff was a god send.

Now i have extra money in my pocket, and the wife has more money to by shoes 

Good luck sir