“Eventually, it will cause people to buy less big ticket items.
Houses, cars, boats. Take less vacations. Choose what they are going to spend their money on.”
Resulting in a big jump in unemployment and possibly deep recession.
Hey, look on the bright side.
At least we will not be freezing in the dark this winter like the Europeans.
(S)
Resulting in a big jump in unemployment and possibly deep recession.
The Layoff Tsunami Has Begun: 50% Of U.S. Companies Plan To Eliminate ... jobs within the next 12 months.