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Re: O/T: Is the economy really bad?


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Posted by jd b puller on May 11, 2009 at 10:48:46 from (24.225.91.229):

In Reply to: O/T: Is the economy really bad? posted by Michael Soldan on May 11, 2009 at 06:49:40:

Knock on wood, I feel I've been relatively unaffected. What does bother me is that "knee jerk" reaction that people/companies do IN ANTICIPATION of things getting bad. Let's face it, if you lose your job tomorrow, that $50 per month you've been saving by cutting out little things here and there isn't going to make up for the money you no longer make. You're screwed at that point, plain and simple. My thought is that until you are affected, you are just hurting the majority by cutting back.

One of my friends is a large landscaper. Many of his apartment complex contracts want him to cut his costs by 10-15% saying they have to cut back this year. I can't rationalize that at all.

Or companies (especially large ones) that made billions NET last year are doing crazy cost cutting measures, hack-n-whack of employees, outsourcing to China, India, etc, all in the name of profit. It is really frustrating to sit in the "Blue Sky and Sunshine" meetings to learn about how much money we saved by outsourcing to China while we have people looking for work over here. Makes you realize just how unpatriotic your company is. We are all in business to make money, but I can guarantee you none of my stuff comes from Chine or India, even if it is cheaper to do it that way.


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