Knock this kind of attack off, will ya, MSI? You have been getting a bit shrill lately.
Its easy to feel this way though. Take the state of California. We pretty much ebb and flow with high tech business, as well as defense. Well, both industries are going like gangbusters right now. The new internet companies are blowing out their top line, and the older firms like Intel are posting incredible results, not exactly as much profit as 2000, but certainly in range of the late 90s.
So- booming business, booming state and workforce right? Thats what we had in 97, right? WRONG! Arnold is going to have to get a federal bailout for state UI, it is broke and one billion $ is needed (according to local news this AM, maybe he can pull a rabbit out of a hat but either way, the UI system is broke, same with all state coffers).
This is trickle down economics at its finest. Everybody's broke but three guys at the top, and a few select FOBs (friends of bush) |