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Politics : View from the Center and Left

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To: Cogito who wrote (105014)2/26/2009 1:23:30 PM
From: Steve Lokness  Read Replies (3) of 542571
 
Allen;

As I'm sure you're aware, a lot of companies have been laying off workers because they are either making lower profits or actually losing money.

I think this is wrong. I think companies are laying off workers, because sales are down. If you are selling less widgits, you need fewer people to build widgits. Many companies are sitting on mountains of cash......

steve
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