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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Thomas A Watson who wrote (206777)12/3/2001 6:14:26 PM
From: Karen Lawrence  Read Replies (2) | Respond to of 769670
 
Tom:

Corporations have warehouses full of surplus goods they've yet to unload. Until they get rid of some inventory, where's their incentive to hire, to produce more. And I think it will be quite a while before people feel "confident that their job is safe"..even if they own the store. We've been in a recession and people are leery, not optimistic. At this point, after all the layoffs, downsizing, etc.; believing that pumping money into corporations is going to spur the economy is "irrational exuberance".