Showcase Your Business as a Thought Leader » Publish Your Blog, Videos and Events on ALL EC » Save 25% Now
Welcome Guest | Sign In

E-Commerce Times Talkback

ECT News Community   »   E-Commerce Times Talkback   »   Re: Stirring Up Unrest with Tech Layoffs

Re: Stirring Up Unrest with Tech Layoffs
Posted by Jim Pivonka on 2001-10-04 03:12:00
In reply to Clare Saliba
It seems a bit odd to be asking folks to spend money when they hear of tens to hundreds of thousands being laid off each week. How secure can we feel in our personal situations in the face of this news?
The Administration is jawboning the wrong group. Instead of asking the people to prop up the economy by spending money, they should be askiing companies to prop it up by hiring people. The economy will not recover until people see that their jobs and savings are secure.
It is not investment, or tax reductions, that will fuel a recovery. It is profit, and the expectation of profit. And that will not happen until companies, despite the downturn, hire workers, who will then begin to spend, and create revenue and profit.
Asking people to spend money they feel, accurately, they may not have next week, is just wrong.

 * Topic  Author  Date
Re: Stirring Up Unrest with Tech Layoffs  Clare Saliba  2001-10-03 11:51:04
Re: Stirring Up Unrest with Tech Layoffs  Jim Pivonka  2001-10-04 03:12:00
Re: Stirring Up Unrest with Tech Layoffs  Bill Cleere  2001-10-03 19:18:16
Jump to:
Your Name: [modify]
* Subject: [edit]
Choose Icon:

Submissions containing gratuitous promotions or advertisements
will not be posted. [Message Board and Community Rules]

* Comments:

Notify me by e-mail when someone responds to my post.

Rakuten Super Logistics
Is "too much screen time" really a problem?
Yes -- smartphone addiction is ruining relationships.
Yes -- but primarily due to parents' failure to regulate kids' use.
Possibly -- long-term effects on health are not yet known.
Not really -- lack of self-discipline and good judgement are the problems.
No -- angst over "screen time" is just the latest overreaction to technology.
No -- what matters is the quality of content, not the time spent viewing it.