wrote about News: Justin Zucker and Michael S. Hauke
In this season of doubt, I'm prepared to declare that the recession is really, most probably over. I have learned that he number of lay offs is slowing – so even though it's bad news that anyone is being laid off period, the rock bottom in a recession is a better place to be, because that means up is going to be the new direction for the economy. Also, many workers consigned to the unemployment line from manufacturing jobs are starting to get rehired, as firms such as Ford Motor Co, Dell, AK Steel, and OshKosh (the truck company, not the overalls company) are rehiring laid off workers. An end to the recession would be good news, and more available capital for installment loans and investment will lead to more jobs.
Posted: 4:09am | 8/27/2009