Ever notice the disconnect between what we're told, and what we see?
If the spiraling-down market presages the 6-12 month future, it doesn't look like the rosy picture we're being handed by the self-interested pundits.
"Productivity" can unfortunately just mean firing workers, in a short-term fix. The question comes when there's any growth, will productivity still maintain.
I agree, tho', once the confidence returns, like all downturns, the efficiencies will be there.
The problem is that priorities are not on the economy, or even domestic security, but on foreign wars. Looks to me like the only worthwhile investments are war-time investments. Grab a bunker, watch your radiation detectors, and telecommute everywhere. |
