The Economy

[Noli]

This company is laying off 10,000 workers. That company ... Way too many layoffs, out of control, or is there too many rich company owners? What do you think?

[Drunken Tiger]

Are you one of the workers being laid off???

I dont think that this topic belongs in RB...



-----Moved to GD-----

[Raichu86]

If you're talking about the US (which I don't know that you are, since you could be in any other country), it's probably still the effects of 9-11. :(

[Dechipher]

Hm....that's happening here too, because of a merger. Lotsa people are moving.

[Fatty Lumpkin]

Sales here in the US are actually up from last year. The percentage of increase is what's down.

About the original statement:
Company owners deserve to recieve quite a bit of money from the company. But they should keep their workers satisfied. Is it worth making $1 million less a year to keep from laying off people if you already make $80 million? I think so.

[Ich]

The DJIA (Dow-Jones Industrial Average) has gone down for three consecutive years; the last time that happened was in 1941. Pretty bad, but it will bounce back.

[gdorf]

I happen to live on the border between the two States with the biggest financial problems in the Country. I live in Washington, Five minutes away from Oregon. Things are so bad in Oregon that they may have to cut the School-Year short. And everyone in my school district is getting a day off on the 14th so that the teachers can go to the capitol and complain.