Thursday, November 8, 2012

As night follows day - today's edition

Twitchy has a very long list of tweets from small business owners who are laying off people because FHer-care is now a done deal.


Boeing announces massive defense-contract-related layoffs.


Michelle Malkin's column about these and even more instances.

It's interesting.  Last Friday I attended an economic-outlook breakfast sponsored by our local Chamber of Commerce.  It was a panel discussion of four professors from Indiana University's Kelley School of Business.  Each one looked at a particular level of the economic scene.  One focused on the global scope, one on financial markets, one on the statewide (Indiana) level, and one on the city's outlook.  While certain aspects of their assessments varied from one another, the common theme that was reiterated throughout the hour was the atmosphere of uncertainty brought on by the looming fiscal cliff.

It seems that now that the picture is clearer, we see how the nation's ostensible engine of prosperity is responding.

4 comments:

  1. Aww, the military-industrial complex takies a hit. They can deal with the lay-offs like the rest of us yahoos.

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  2. Ah, so you've swallowed the it's-okay-if-America-is-vulnerable-to-enemy-attack Kool-Aid, I see.

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  3. No, I have not. They can take some economic heat too, though.

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  4. BTW, that TimeShare magnate in Orlando who ran his mouth off about having to lay people off if Obama was elected? A story ran in the Sentinel yesterday. He has retracted. There will be no lay offs.

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