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TreasureKY -> RE: Get Rich Programs doing BETTER? (3/26/2009 11:06:09 PM)
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My guess is that not everyone is hurting. Firm and I just returned from a week in Vegas, and there sure didn't seem to be any lack of people there spending money. The casinos were packed at night, the hotels had huge lines of people waiting to check in, people were elbow to elbow just about everywhere, and the queues for a table in the restaurants made you feel like cattle. While I won't say there aren't problems with the economy, and yes... there are lots of people out there who have extended themselves far beyond what they can manage by living on credit... I suspect the current "crisis" policy has been talked up and inflated in order to serve other political purposes. It's amazing what change a little fear can generate. I've no idea the situation of your particular company, but I would imagine that with the flames of fear being fanned, there are a lot of otherwise stable and healthy companies who have shifted into a protective mode... ones that otherwise might granted pay increases or invest in new positions, freeze their capital expenditures and make cut backs in order to ensure they have the means to survive. Oh, and yes... ThatDamnedPanda does have a point... some luxury items and means of escape like alcohol and drugs will see an increase in sales along with the increased desperation of people.
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