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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (2480)	7/17/2002 5:53:13 PM
From: tonka552000	Read Replies (2) \| Respond to of 89467

Interesting read...I will say for the first time in my illustrious career, I am actually looking at Public Sector jobs -- if they'll have me :( ...the software industry is tanking...

To: stockman_scott who wrote (2480)	7/17/2002 11:58:57 PM
From: Jim Willie CB	Respond to of 89467

jobless AND profitless recovery will soon turn down economists simply miss it, period if capex spending remains poor, expect recession soon no way out I hear over and over that as long as people have incomes, they will spend on a continual basis not so I am affected by my neighbors and my friends a couple of them are in trouble it affects me and my spending as job security erodes on a widespread basis, whether an individual is laid off personally or not, that will not matter we have eyes to observe the threat of lost jobs will sadly lead to real lost jobs from the upcoming cutbacks in consumer spending also, the asymmetric wealth effect calls for people to spend less as their mutual funds and pensions are losing money we are an aging society, approaching retirement in my sports club on Monday, a gang was watching CNBC my roommate heard several utterances... "I will never be able to retire" these people will spend less, save more we are a debtor nation swimming in a sea of debt while we face a debt meltdown / jim