Quote:
Originally Posted by Riot
I'm glad you have your finger on the pulse of hiring data in the grocery business (and utilities) - care to share that?
You don't think a 15% reduction in overall business would hurt the economy in a deep recession? You say "none of those entities produce goods or services that wouldn't continue to be produced regardless"? Seriously? If a town has 10% unemployment (California, Michigan) removing 10% of a grocery store's business isn't going to cause a layoff or few? Cause the grocery to order 10% less food from his suppliers? You honestly think that will not contract the economy in a recession (heck, it would in normal times!)
Can you post one respected economist that says that taking millions off unemployment will not negatively affect the economy? That if the dollars in those unemployment checks are removed during this deep recession the economy will not suffer? I'll wait.
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Do you seriously think if business is off 10% that people immediately lose their jobs?
12-05-2010, 05:36 PM
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