Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: BubbaFred who wrote (47061)	3/6/2004 6:38:34 PM
From: elmatador	of 74559

Lots of 'unemployed' is shed dead weight. I can tell you from my experience in the telecoms industry. They were wasting a lot in useless people. They have a castle' in Telefon Plan in Stockholm. another in Murray Hill, N.j, other in Hoffmannstrasse in Munich, another again in Schau,burg, Illinois. All them full of people who had a job thans to good profit margins. But they didn;t prodcue anything that contibuted to the output. Many of them were a drag to output. Not the types that get paid not to disturb that we find in many places. They disturbed!! Now since the firms had a chance to get rid of them, they continue to workd as they never existed. Voila! Productivity. The wife of the Motorola, Lucent, Siemens and Ericsson guy who had a job is now at home, not looking for a job and never will be abck to the job market. BLS still thinks that they did real worked. The teams of engineers writing specs, for the other teams of engineers read the specs -they were remains from the analog age- are also all gone through early retirement or just fired. Also not being missed. No make up of the numbers can hide the truth. It is too apparent. And the guys are going to show and not make them up to elect Bush. That means unless Bush has a card up his sleeve beyond employing people to harass others a.k.a Homeland 'Security'.

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