ALERT!! Businesses SHUTTING DOWN W/O WARNING!!!!
Just days into the New Year and the Valley has already suffered a economic blow to an already suffering industry. United Hyundai closed its doors for good. No warning was given and now near 100 people are unemployed.
When 12 APG Meridian employees went to pickup their paychecks on New Year’s Eve, they had no idea it would be their last.
Mike Burnett, supervisor of the Hamlet plant said he was on vacation until Dec. 30 and when he returned half of the equipment in the plant had been removed.
EXPECT TENS OF THOUSANDS BUSINESSES TO RUN OUT OF SAVINGS AND ACCESS TO CREDIT AS WE MOVE INTO 2010...........WITH VERY FEW NEW BUSINESSES GROWING TO REPLACE THE LOST JOBS.
Time spent unemployed grows to new lengths
When the recession started, it was typical for someone who was laid off to find a new job fairly quickly. The average period of unemployment in the United States was 8.4 weeks. Now, the average nationally is 28.5 weeks. In New York state, the wait between jobs is 24.6 weeks, according to the state Labor Department.
AS FEWER AND FEWER ARE WORKING....FEWER AND FEWER WILL BE PAYING TAXES INCREASING THE BURDEN ON THE REST OF THE NATION INCREASING THE EFFECTS OF ZOMBULATION
YOU SIMPLY CAN'T GIVE THE BANKERS MONEY FOR FREE AND CUT OFF THE REST OF THE NATION FROM CREDIT PLUS WIPE OUT INTEREST INCOME FOR SAVERS WITHOUT MUCH OF THE NATION SHUTTING DOWN DUE TO LACK OF CASH FLOW.