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The Watercooler
Theory on economy?
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<blockquote data-quote="Hound dog" data-source="post: 319265" data-attributes="member: 84"><p>Economy isn't really my thing.</p><p> </p><p>But I think LOTS of things factor into the economy being the way it is now.</p><p> </p><p>I'm not anti-union per say, but I am against them being so stupid as to price their employees out of jobs. That just defeats their entire purpose. I know of companies in this area that all but begged their unions to work with them so they could keep their doors open. Union had the idea in their heads that the companies pockets were endless.......and now most of the people they represented are out of work. These are major businesses.....but when the economy is going thru a flux sometimes belts need to be tightened.....and uncooperating unions who were more greedy than smart shot themselves in the foot.</p><p> </p><p>Of course I'm not saying some big businesses don't shoot themselves in their own feet as well. Seems to be an epidemic of stupidity running amuk these days.</p><p> </p><p>Deregulation of banks most certainly didn't help.</p><p> </p><p>Then you've got credit card co's handing out plastic like so much waste paper to anyone and everyone.......knowing most of their target masses won't be able to pay their bills without hurting and stressing each month.</p><p> </p><p>And you've got the people who get those cards and act like it's free money, max them out, get more, max those out, then start robbing from Peter to pay Paul so that a flux in economy or a job layoff sinks them before they know what hit them.</p><p> </p><p>And that's not even skimming the surface.</p><p> </p><p>The real problem though is that as a society as a whole.......we've become extremely spoiled. No, not everyone. But enough. People want what they want and they want it yesterday......whether they can afford it or not.</p><p> </p><p>Bottom line. Greed.</p></blockquote><p></p>
[QUOTE="Hound dog, post: 319265, member: 84"] Economy isn't really my thing. But I think LOTS of things factor into the economy being the way it is now. I'm not anti-union per say, but I am against them being so stupid as to price their employees out of jobs. That just defeats their entire purpose. I know of companies in this area that all but begged their unions to work with them so they could keep their doors open. Union had the idea in their heads that the companies pockets were endless.......and now most of the people they represented are out of work. These are major businesses.....but when the economy is going thru a flux sometimes belts need to be tightened.....and uncooperating unions who were more greedy than smart shot themselves in the foot. Of course I'm not saying some big businesses don't shoot themselves in their own feet as well. Seems to be an epidemic of stupidity running amuk these days. Deregulation of banks most certainly didn't help. Then you've got credit card co's handing out plastic like so much waste paper to anyone and everyone.......knowing most of their target masses won't be able to pay their bills without hurting and stressing each month. And you've got the people who get those cards and act like it's free money, max them out, get more, max those out, then start robbing from Peter to pay Paul so that a flux in economy or a job layoff sinks them before they know what hit them. And that's not even skimming the surface. The real problem though is that as a society as a whole.......we've become extremely spoiled. No, not everyone. But enough. People want what they want and they want it yesterday......whether they can afford it or not. Bottom line. Greed. [/QUOTE]
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Theory on economy?
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