| Lost Jobs due to Layoffs....
Posted: 2/27/2008 4:56:58 PM | So how many on here (perhaps more in the Dallas area) have lost their corporate jobs due to budget cuts??
Verizon axed my IT Systems Admin job due to budget cuts. Yeah We Never Stop Working For You...' BS!!!
anyone else see the economy collapsing??
Gold is going up, Silver is going up... all the metals are going up...
The EURO is now at 1.513 to the US Dollar..
Seems to me the markets are being artifically inflated to fool the American Sheeple that everything is just dandy... | |
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| Economy collapsing
Posted: 2/27/2008 10:35:34 PM | The American economy has been artificially supported for so long that a collapse was inevitable. Sad to say but recession definately looming. Cut your defence budget and look after the people in your own neighbourhood. | |
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| Economy collapsing
Posted: 2/27/2008 10:53:34 PM | | So the recession is starting to hit the rest of the country. I guess they will all experience what we here in Michigan have been experiencing for the past 5 years. Kind of hard to feel sorry for corporate people being put out of work as they didn't seem to care when all the manufacturing jobs were shipped out of this country in the millions. Basic economic lesson: you take a job away from a guy making 20 bucks an hour and ship it to Mexico where you pay a guy 2 bucks an hour to do the same job. Now the guy who is out of work cannot afford to buy your product and the guy you are paying 2 bucks an hour cannot afford to buy your product either. Now you cannot sell your product and you are out of work. | |
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Jemue
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Joined: 1/26/2005
Msg: 4 | |
| Lost Jobs due to Layoffs....
Posted: 2/27/2008 11:10:15 PM | anyone else see the economy collapsing??
Have been for a while, years.
The globalisation model and lack of any backing in a currency (as well as lot of other things) will do that ........ though hey as long as you get it "cheap and now" who cares ..... oh wait that has bankrupted your country .......
Gold is going up, Silver is going up... all the metals are going up...
The EURO is now at 1.513 to the US Dollar..
Seems to me the markets are being artifically inflated to fool the American Sheeple that everything is just dandy...
And to think to say this a few years ago (as many of us were and are) ....... it was apparently left wing propaganda liberal .... hmm whatever else the hate speech crowed loved to say...... nonsense.
And now it's all happening, and will accelerate while sheeple (still being the majority) deny it ........ quick give another 500 billion to Haliburton ..... err to the troops who are defending america against the fear and death that lies outside of the borders, quick do it now or they will shout 9/11 & fear at you !!!!
There will be changing times for other places what are connected to the US as well to a varying lesser degree, though only until China's and India's consumers (i.e. a third of the worlds population opposed to 4% or so being the US) take over. Then again the EU is 150% the population of the states as it is.
Now if major oil countries wanted to trade in a stronger more stable currency, i.e. the Euro ...... now that would really accelerate things.
So how many on here (perhaps more in the Dallas area) have lost their corporate jobs due to budget cuts??
As for the OP ....... I'm temporally in BC, Canada and they seem to be doing just fine at the moment, suffering under NAFTA and experiencing a 32 year high of immigration from the US to here as well, so there will be a knock on effect.
It's somewhat akin to watching a very big slow motion train crash.
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ousu
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Joined: 6/2/2005
Msg: 5 | |
| Lost Jobs due to Layoffs....
Posted: 2/28/2008 12:16:58 AM | lost their corporate jobs due to budget cuts
Unfortunately, this is not necessary related to state economics. Budget cuts are part of companies daily life (nowadays even more than before) and belongs to what nowadays is understood as economically well-run entrepreneurship, we like it or not. (In some cases, I am just afraid this trend is the same as shooting one's own leg; it can backfire later with worse results due to the lack of commitment and well-being of employees left.) - (Notice, I am talking from Europe and from the field which is basically flourishing... and find the same sympthoms here.) | |
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| Lost Jobs due to Layoffs....
Posted: 2/28/2008 9:35:54 AM | Anybody who voted for Bush (and especially those voted for him twice) and are now laid off should REALLY reflect on what they've done.
Having said that, laying off people is really a zero-sum game.
If these companies slash payrolls and lay off workers, where, exactly, are they going to find customers to pay for their products?
China and India are growing, but they have governments that protect their markets and they are likely to introduce locally produced products into their markets before they bring in foreign made goods.
Also, most people overseas are satisfied w/ less consumer goods than people are in the US.
Most of them won't buy several cars, many electronics or all types of exotic clothing and other goods.
American have...and will.
Cutting workers ,and then trying to compete for a shrinking pool of customers, is part of the reason that American businesses are failing.
Let's hope logic kicks in before all US companies are trying sell their goods to a single person. | |
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Jemue
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Joined: 1/26/2005
Msg: 7 | |
| Lost Jobs due to Layoffs....
Posted: 2/28/2008 9:51:30 AM |
Anybody who voted for Bush (and especially those voted for him twice) and are now laid off should REALLY reflect on what they've done.
On a few topics for sure !
Having said that, laying off people is really a zero-sum game.
If these companies slash payrolls and lay off workers, where, exactly, are they going to find customers to pay for their products?
Indeed, there is a cause and effect for it, they cut the consumers cash as well as the worker.
China and India are growing, but they have governments that protect their markets and they are likely to introduce locally produced products into their markets before they bring in foreign made goods.
As well as having a lot of the manufacturing based used to produce for other countries, they just turn that inward.
Also, most people overseas are satisfied w/ less consumer goods than people are in the US.
Most of them won't buy several cars, many electronics or all types of exotic clothing and other goods.
American have...and will.
Though while Americans may have more as individuals, when you look the populations of India and China and growing consumer base I think it might make up for the difference, and likely in a short term.
Let's hope logic kicks in before all US companies are trying sell their goods to a single person.
It's going to be interesting for sure. | |
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| Lost Jobs due to Layoffs....
Posted: 2/28/2008 1:47:46 PM |
Yeah We Never Stop Working For You...
They still working for you, it's just your not working for them...
And that sux...
Thats like Circuit City who early last year released 25% of their workforce, mainly loyal employees who had been with them for over 15 years...
Why?
They were making too much money...
The good think was they were allowed to apply for their old jobs after 9 weeks at a wage of 8-10 dollars an hour...
Being a loyal, hardworking employee just doesn't mean what it used to mean... | |
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| Lost Jobs due to Layoffs....
Posted: 2/28/2008 2:12:45 PM | Remember Enron?
Our gov't has been pulling an Enron on the federal budget for years. The question is simply 'for how much longer?'
When I gaze into my crystal ball, I see a Chinese hiccup like when the Japanese bubble burst. Realize that China owns a large part of our economy. If they have trouble and want their cash out, we'll collapse like Russia did.
Us little guys will suffer under our mortgages and other debt, and the corporate CEOs will be laughing. | |
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| Lost Jobs due to Layoffs....
Posted: 2/28/2008 2:41:09 PM |
I'm temporally in BC, Canada and they seem to be doing just fine at the moment, suffering under NAFTA and experiencing a 32 year high of immigration from the US to here as well, so there will be a knock on effect.
They're be back. 10 years in the states is enough for a lot of people. I came back after fleeing for the California high tech gold rush and am glad to be home. Although I spent my first 6 years in the UK I really think of Canada as home.
I'm sorry you lost your job, but you're an admin and have portable skills that pay well, you can work anywhere. Even at home. I recommend this. Jobs these days are silly and in my opinion tech people should mostly all be contracting. | |
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| Lost Jobs due to Layoffs....
Posted: 2/28/2008 2:54:10 PM | Well the UN said recently....... a global recession....
Food is getting more exspensive... cost of all living .ie utilities.. etc are getting more exspensive.. and like dominos, watch the effect....
With recession companys will make less profits as people wont have spare cash.. the people who will survive this more comfortably, will be those who
1... get out of debt or have no debt.
2..dont expect their job/lifestyle will be the same.....eg living like that same income will be coming in..so saving as much as they can while work is available...
people who are aware have been expecting this for a couple of years so have prepared financially for it..
unfortunately alot of people will loose housing(after working long/hard to pay for a mortgage. just to not be able to keep it up.. and some will be forced to sell and end up in debt from trying to own a home) as the housing market falls..
the people i feel the most compassion for.....are the people whos main staple is rice and live on less than a $1 a day because certain countries are stockpiling rice, because the prices at a later date will be more profitable...
alot of people are going to die/ suffer greatly this year..
as 1 poster said ....
It's somewhat akin to watching a very big slow motion train crash.
A problem is unless people seriously use the time/money they have while they are still employed and get out of as much personal debt/cut spending..... they will be severly affected..
Ok , I went shopping (im an aussie) the other day a small cauliflower was $8(thats just an eg) in my part of the country... costs would vary of course,,... fruit/vegies have gone up heaps, and this is in summer, in winter prices go up alot usually ..so whats to come?
and I agree with canoist.. re the chinese situation/usa. I think its in 3.5 yrs they can call usa in for debts owed.. but whats to watch is the middle east/esp iran... re russia/china ..... theres major concerns in that area for usa.. if china ever backs iran.
smiles/peace | |
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| Lost Jobs due to Layoffs....
Posted: 2/28/2008 10:23:01 PM | | Once upon a time when I first joined the workforce in the 70s, life was good. Companies took care of their employees and everyone shared in the wealth. Then the corporate people started getting greedy and decided to get rid of employees like janitors, maintenance, electricians, etc. They found that it was far cheaper to contract these things out rather than pay those employees benefits like other company employees had. Then the Corporate machine discovered that they could take the manufacturing sector and move it to Mexico and computer processing work to India, and they could save a whole lot of money and no longer need the American employees to do this work. Life was good....for CEOs. Now the companies are failing as nobody can afford to buy their products and services anymore and the layoffs are affecting the Corporate people. So they come here looking for sympathy. That is funny. Or sad. Maybe both. | |
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| Lost Jobs due to Layoffs....
Posted: 2/28/2008 10:38:50 PM | Ok....I'm going to be the one to tell you the truth....as an employer.....bash me if you want......BUT....anyone who has lost their job....due to lay-off....frankly was not pulling their weight for the company....
Ohhhhh....yes... I expect a rash of attacks....But... any employer going through this time of RECESSION .....Ohhhh the dreaded "R" word ....EVERYONE is afraid to say.........Has no choice but to pick and choose....."cherry pick the best"....the employees who produce....
Unfortunately.....it will get worse.......The end of the year....will be this countries....lowest... | |
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Jemue
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Joined: 1/26/2005
Msg: 16 | |
| Lost Jobs due to Layoffs....
Posted: 2/28/2008 11:01:46 PM | I'm sorry you lost your job, but you're an admin and have portable skills that pay well, you can work anywhere. Even at home. I recommend this. Jobs these days are silly and in my opinion tech people should mostly all be contracting.
Thanks, though I haven't been affect by it.
I am in IT (and am a contractor) and do work from home currently, though for a European company, I just live here as I like scuba diving, golf and snowboarding ...... all in one day  | |
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| Lost Jobs due to Layoffs....
Posted: 2/29/2008 5:55:03 PM | Compliments to RDtoo on excellent posts.
I believe that as soon as outsourcing was started, it should have been criminalized and considered an act of treason. It IS treasonous to outsource jobs that can and should be done by Americans!
One of our best businessmen ever, Henry Ford, must be rolling over in his grave with this garbage going on--he believed in paying his help enough so that his workers could afford to buy new cars. Our country would be so much stronger and better off had we continued in the tradition of Henry Ford and also nipped the treason called outsourcing in the bud as soon as it began. | |
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| Lost Jobs due to Layoffs....
Posted: 2/29/2008 9:40:10 PM | " Compliments to RDtoo on excellent post "......
You compliment that...????....OK...But....Hello!!!!! ....wake up.... the good ol' USA........
Here's the truth.....To ALL of you ......times are tough for all of us....small business...a dying breed....barely surviving...
Big business.....major profit loses......get lean or file bankruptcy...and lay off ALL your employees...would you prefer that...???
Oh.......with the exception of Exxon...!!!!...And their record breaking profits...!!!! Maybe that's where your complaints should focus.....BTW.......Why hasn't anyone seen .....major protests against the oil companies......????
As far as your " Henry Ford" analogy.......well .....this is another century ... | |
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| Lost Jobs due to Layoffs....
Posted: 2/29/2008 9:59:12 PM | Bing-o ex corporate man ~ you win a doll!
wanna go for two?
Question; How long has this manufactored illusion been going on?
hang tough ~ welcome to the land of reality ~ you are now in the majority.
Four years ago most corporate folk were cutting your own throats voting for the GOP, you didn't see it coming ~ I know , I know ~ when the GOP was talking about "we Americians ", you assumed that you were included in that group. Corporate America will eat their own young.
dar | |
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| Lost Jobs due to Layoffs....
Posted: 2/29/2008 11:04:28 PM | The prices of basics around the world are rising due to several factors. Climate change is wiping out a large amount of agricultural production in many countries (including here in Australia by drought), which is making agricultural commodities scarcer and hence more expensive. The price of energy is increasing, because supply is not keeping up with demand. India and China are especially placing a huge strain on the world's energy resources as their economies grow and therefore require more energy. The prices of raw materials, minerals and metals is also increasing, also because of increased demand from China and India as are the prices of many agricultural products, which is also being fuelled by increasing demands from the developed world. Added to this is the fact large amounts of farmland are being converted from food production to biofuel production, as demand for the biological precursors needed for biofuel production and biofuel itself, increases substantially from the U.S. and Europe.
Basically the world is facing an increasing shortage and competition for scarce materials and resources in the face of accelerating demand, as the developing world races to try and attain the living standards and material wealth the developed world already enjoys. I think it is unrealistic to expect a billion or so people to live in material abundance and affluence while the other 5 billion people in the world are condemned to poverty and misery. However, I don't think the planet can sustain the entire human population on economies based on consumerism and lavish affluence which we in the West seem to pursue at the moment.
In the next century the world is going to have to learn to live more sustainably and wean itself away from basing economic growth and living standards on high levels of energy consumption, especially fossil fuel consumption. While the U.S. maybe facing some problems like a recession at the moment due to the bursting of an asset bubble in housing and bad lending by banks and financial institutions, I think far more serious problems such as climate change are facing us at the moment and into the future. Rising prices and scarcer materials are just a part of the overall global problem of people getting ever richer and demanding more and more yet the reality is the planetary resources are finite and the environment is already under immense strain. We ultimately need to get away from seeing the world as a mere resource to be consumed to something we need to conserve and manage responsibly, including economically. | |
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