Why Few are Hiring......
July 15, 2009
– Comments (2)
Because SALES are EVAPORATING.......
Dell, CNX, Intel, Xilnx, American Airlines, Gannett, Cintas, J.B. Hunt..........
These are billion dollar companies seeing their sales DOWN double digits, 20% and MORE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Homebulders and Auto Manufacturers are seeing conditions even WORSE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
July is showing no improvement, and for GM it is actually WORSE!!!!!!!!!
Soon....government is about to lay off millions of government employees............................
ALL OF THIS IS HAPPENING WHILE GOVERNMENT IS ON TRACK TO SPEND $6.5 TRILLION DOLLARS.....much of it simply doesn't exist and must be borrowed.....
If we continue spending money we don't have, lenders will back off, interest rates will skyrocket, and our economy will come to a screeching halt.......if we stop spending, our economy will contract dramatically but we will be able to set the foundation for future growth.
Interesting math problem...isn't it?????????????????????????????????????