To: ex-snook
This is the unfortunate result of public corporations trying to please "the street".
It would be my contention that most of these cuts are temporary as they await increased consumer spending. August is a bad time.
4 posted on
08/05/2003 1:34:13 PM PDT by
Cold Heat
(Negotiate!! .............(((Blam!.)))........... "Now who else wants to negotiate?")
To: wirestripper
"This is the unfortunate result of public corporations trying to please "the street". "There is truth in that. But then the article seemed to call that a 'jobless recovery'. In which case, who really recovers in a 'jobless recovery'?
6 posted on
08/05/2003 1:42:48 PM PDT by
ex-snook
(American jobs need BALANCED Trade. We buy from you. You buy from us.)
To: wirestripper
It would be my contention that most of these cuts are temporary as they await increased consumer spending. August is a bad time.Don't bet on continued consumer spending. The spending spree from "rate & term drop with cash out" refi frenzy is coming to an end (practically has ended). Now let's see the true state of the economy without this stimulus that drove many people into debt way over their heads.
16 posted on
08/05/2003 2:03:47 PM PDT by
varon
To: wirestripper
It would be my contention that most of these cuts are temporary as they await increased consumer spending.The question I have: When increased consumer spending causes increased hiring; what country will the hiring be taking place in?
65 posted on
08/05/2003 4:25:56 PM PDT by
templar
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