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To: pbull who wrote (11102)8/11/2003 11:06:19 PM
From: Lizzie Tudor  Respond to of 13815
 
your view is also mine. No jobs recovery, huge deficit and shaky econ. I think we may get a sharp correction in october. Because plenty of economists are thinking things will pick up, jobs will follow blah blah blah. I don't see it. I think 04 is another bad year. Ironically technology is ok now, we already had our collapse. But the overall economy I think is teetering.



To: pbull who wrote (11102)8/12/2003 12:30:00 AM
From: Selectric II  Read Replies (1) | Respond to of 13815
 
A former production manager at a candy company, for example, was asked to take a 30 percent pay cut. He quit instead. He's in his mid-50s, and can't find anything that pays more than $8 an hour.

Oh, c'mon... for real?????

Why'd he quit, if he could only get $8 elsewhere? What's the rest of this story -- early retirement, a big, fat pension, or maybe statutory or negotiated union benefits to hold him over while he's leisurely looking?

No doubt he was making a lot more than $12 an hour ($24,000/year) in his former job as a production manager at a manufacturing company; if so, he cut off his nose to spite his face, unless there are hidden benefits.