January 29, 2009
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My Opinion
So for a long time, everyone seemed to be denying that we were in a recession. John McCain said the fundamentals of our economy is strong, and the experts were all over TV telling the American people that the economy is strong. I knew differently. I could see all this coming. It wasn’t too hard to see, actually. Times had been getting hard in Middle Class America for awhile.
Now, we’re in a recession. Thousands (Hundreds of thousands?) of people are losing their jobs, more and more are announced every day. Target, Best Buy, Caterpillar, Starbucks. If the major coorporations keep laying people off, this will turn into a depression. I think it will happen. And then when it does, how long will they deny it?
Comments (3)
My Walmart was laying off everyone that couldn’t work weekends. It’s crazy.
When I first started at my job in July 2007, there were about 500 people in the building. Now we’re down to around 200. There’s always been a high turnover rate where I work though, but it’s been bad lately. And it’s scary to see it happening everywhere. I hope things don’t have to get worse before they can get better.
@baranorewen - I know, I hate layoffs =[
@shelovesbaseball - My job has a high turnover rate too. It sucks having to train people all the time.