To: Nachoman
>>Those help wanted signs are usually for clerks and burger flippers. Thats not a great alternative to a professional or high-paying
Agreed. Read an article yesterday that said the average time to get a decent white collar job is now 11 months (Now before some bozo chimes in and says "I got a new job in 3 days, therefore there economy is good", thats an AVERAGE....).
Even if someone that used to make 80-100K ends up taking a lower level job for 30-40K (gotta do what you gotta do), that doesn't help the economy much...with a 50K drop in income, s/he isn't going to spending like s/he was before and s/he isn't going to be paying taxes like before...and for the last 3 years the only thing holding up the economy is the consumer spending...if the consumers tire, or decide to save instead of consuming, watchout...
To: freeper12
Around here, we're seeing it in more concrete terms. Laid-off Yankees high-tailing it for home are finding they can't sell their houses fast enough, so they rent. And the quality of people we have colonizing, er, moving into our area is dropping noticably, thousands of Mexicans aside.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson