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To: Secret_Agent_Man who wrote (376343)	10/15/2008 12:57:45 AM
From: prosperous	Respond to of 436258

Yes that seems to be the way we are headed. One way to make the severe economic recession ahead of us a bit milder is for corporations to: -Not lay people off or outsource jobs, but reduce working hours for people, that is, a pay cut for people and reduce output to match consumer demand -take a cut in earnings and let their stocks slide -for govt to encourage corporations to do this by providing incentive to those that do -this is the only way many people will have some income and soften the blow on economy, would mean stocks/homes will fall -however, if corporations laid people off/outsourced, we will have same impact, that is stock markets down (fewer consumers with income to spend) and houses down, since people don't have confidence in the jobs they have to be buyers -this is unlikely to happen considering corporations are greedy and socialistic behavior is only a privilege of the govt and not corporations -Bush needs to understand that we are not in a rescue mode for economy but in a recovery mode, e and Paulson are coming with a new trick each day, not clear they will work, the public is getting on a roller coaster ride of lifetime hovering near the apex, just that they don't know about it