The first sentence of a recent article on CNBC says, ‘brace yourself: the recession is projected to worsen this year.’
Awesome, I can’t wait.
Yep, I’ve got a bad attitude about the economy. I didn’t know it could get any worse than this.
The article said the recent lay offs across the country are only ‘feeding the vicious downward cycle of the economy.’ The lay offs may be helping a company to succeed in this weak economy, but in the end, the lay offs aren’t going to help the country. The lay offs, therefore, are only making the country weaker and more vulnerable.
Some of you may be saying, ‘well duh, I knew that.’ But really, think about it. Is it better for a company to cut a couple hours here and there or to have a handful of employees laid off? In the long run, it’s better for an employee to work only 32 hours a week than it is for them to work 0 hours a week.
The lay offs may be a short term fix for a company, but a long term problem for the country. Obviously, the unemployment rate will only get worse if companies continue to do what they have been doing.
I don’t want to brace myself for the hard times like the article said. I’m ready for better times, as is everyone else I’m sure.
Monday, February 23, 2009
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