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

To: RMF who wrote (742616)	6/14/2006 7:41:42 PM
From: KLP	Read Replies (2) \| Respond to of 769670

I'm probably older than you are, and do remember several "recessions"....Lived through them. One was 1971-72 when there were billboards that said: "Will the last person in Seattle, please turn out the lights..." TIME Magazine loved that billboard as a symbol of the problem. Then during the Carter years, the embargo on ME oil, and gas lines around blocks at a time, with VERY long lines....as well as double digit inflation because of high taxes.... 1980-82 was a hard recession and I remember it well, as I had just started in the recruiting business....Charts today show in May of 1980, the economy was headed south....I continued to do well, because I just wanted to.....not everyone did. In 1989-91, another recession that was tough. We saw it start in mid 1989, and changed our business because of it.... BUT the BIG nearly depression was this last one....before the 2000 election. We knew it as I said, in March of 2000....Everyone knew it by September of that year, as the papers were openly talking about it. The election was in November 2000, and not settled until Jan of 2001. Look at the charts and in all cases you will see I am correct. Remember, recruiters, especially Exec Recruiters worldwide, talk to the heads of companies, as well as the HR, Accounting, and various offices in those companies. We know what companies are hiring, or laying off, way before the general public knows. We also know where the people are coming from who have been laid off, or will be, and why. Companies should be a good deal more careful when laying off employees. They spend millions of dollars on PR, and a few hundred employees nationally can erase any good PR gathered, if the lay offs aren't done fairly and honestly. People talk. Even if they aren't going to be laid off, but think they might be. Go check the charts...you will see for yourself.