It is amazing how many more people are Feeling the effects of the Zombulator.....just as we are being told things are improving......
NINE banks were shut down last night with HUNDREDS of branches!!!!!!!
And the shut downs and cut backs are occuring in every industry, every sector and size doesn't matter any more......
San Francisco International Airport - 100
Department of Corrections Yakima - 250
Michigan State University - Eliminate 600 Positions Over Two Years
Boeing Kennedy Space Center Operation - 330
YRC Worldwide - 900
Amicus Therapeutics - 20% of Workforce
Every time we lose a worker....we lose a taxpayer......and the fewer taxpayers, the greater the burden that will fall on the rest of the tax paying public.....and we are still losing 500,000 taxpayers per week.
Based on the tax receipt data....with income tax receipts DOWN 20-80% in just one year.....we are losing massive numbers of taxpayers and the trend is deteriorating recently.
The above and below are just a few links provided by dailyjobcuts.com.......there are many many many more coming out every day......and even more that we are unaware of including the hundreds of thousands of smaller businesses that have shut down over the past year....
The Mankato Green Mill
Cabinetmaster Architectural Woodwork Ltd
Holmes to Close Jacksonville Funeral Home
Two Milwaukee Blockbuster Stores
Memphis Motorsports Park
Nokia's N-Gage Gaming Service to close
Strokes Restaurant and Bar in Monterey California
We are losing taxpayers at an accelerating rate as the Zombulator is no longer a procrastinator and soon to be targeting many of the Alstrybators.
Yes, you are being told that the economy grew last quarter at a few percent.....but not being told it was only because government is borrowing and spending much more than that.........
As we continue to get Zombulated...borrowing will become more and more difficult as fewer and fewer will lend. When that happens, the consequence will be convulsive.......
In the mean time....as we keep bailing out the bankers and shutting down the economy.....expect tensions to start rising as we approach 11.10.9......when Fools begin to Feel.