I took my kids to the dentist, a higher end child practice, and asked the asssistants how is business expecting not much difference as the answer. The response was shocking, it appears that a number of the patients' parents have stopped bringing their kids in due to loss of a job or loss of dental insurance as businesses cut back.
Then I talked to a buddy of mine who is a retired former CEO of a public company and he indicated that a number of his executuve level friends, mainly in their fifties, are unemployed and home depressed with not much to do.
It is clear that the zombulator is affecting a greater and greater percentage of society, even highly qualified and educated, as people withhold paying their mortgages simply to keep retail sales flowing.
With government running out of money while borrowing $2 trillion dollars, it appears that we are soon going to become acutely conscious of our condition.....as Benny the B and Timmy the G talk about recovery. Who couldn't live high on the hog if they were borrowing $2 trilllon per year?
You can only borrow as long as there is access to borrowing....once the borrowing ends, game over.
THE FUNNY PART IS MUCH OF AMERICA IS BEING OUTSOURCED AND AMERICANS DON'T EVEN KNOW IT.....
M&T Bank in Northwest Buffalo
Queens NY - Warns of Possible 100 Senior Centers to Close
Equine Protection of North America
Freetown Elementary School in Jackson County Indiana
Mecklenburg County plan 12 Library Branches Closing and 140 Job Cuts
West Corp. Closing Bryan Call Center - 260 Jobs Lost
Gateway Market in Northern Tulsa in Jeopardy of Closing
SunOpta Healthy Fruit Snacks Summerland Facility ( International )
Convergys Call Centers Jefferson and Osuna in northeast Albuquerque - 700 Jobs Lost
Lighting Creations in Orangeburg SC
Coca Cola is closing its Woodland distribution center
Update: Mattingly Foods - 80% of Workforce or 250
AAER Inc - 28 Temp Layoffs
Delaware - Coon's Budget Includes Layoffs
Siemens IT SIS Unit - 1,000
Update: Los Angeles Court System - 300, and Closing Some Court Rooms
Mecklenburg County NC - $20 Million in Cuts Could = 500+ Layoffs
Sonoma County Ca - Anticipates 87 Layoffs
The Alton school District - 48
The City of Sheridan - 10
Oregon School District - 10
Well Fargo Sacramento - Merging Call Centers = 415 Layoffs