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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: avanti77 who wrote (17342)	12/20/2000 9:03:02 AM
From: Vendit™	Read Replies (2) \| Respond to of 19374

The population in CA has doubled in the last 10 years and the state because of environmental laws or values has not built one new power plant. Supply vs. demand 101

To: avanti77 who wrote (17342)	12/20/2000 1:00:28 PM
From: Walkingshadow	Read Replies (1) \| Respond to of 19374

<< just as silicon valley and broadband bay are slowing down and laying off employees. >> I keep wondering how those companies are going to retain employees---those that can still afford to, that is. Most have stayed largely because of lucrative stock option packages, which have the added benefit of keeping a lid on labor costs for these companies. Actually, what really happens is that labor costs get "outsourced" to the general shareholders. But with stock prices hammered across the tech sector, these options have become much less lucrative. Seems only a matter of time before these employees, with screaming mortgages in over-inflated real estate markets, begin demanding actual cash for reimbursement. If this occurs to a significant extent, the companies will be forced to trim their work force (thereby limiting their growth), or pass along the increased labor costs to their customers, who are in a position where they are less able to pay such increased costs, or both. Yet another contributing factor to recession and inflation, IMHO, which is simmering beneath the surface, but nobody seems to want to talk about much. But hey, why worry? Not a problem. I bet AG is preparing a speech right now, where he'll give some obscure hint of some sort that will just solve that whole problem for good! C'mon, AG, we're waiting...... Bring back the happy times.... just a sentence or two should do it! <ggg> WS