So in March, 2009, U. S. businesses finally decided to let the warehouse people do the office cleaning, and canned the janitors.
More realistically, GDP experts expect that Q1 inventories are shrinking, but in fact: Manufacturing job losses are declining every month. In January, they were 207,000, in Febraruy, the figure was 168,000, and in the longer month of March, 161,000. That is a lot of less inventory--in a mech and tech economy. The numbers of manufacturing payroll job losses, however, are declining.
The loss of 133,000 cleaning jobs is not a significant drain on personal income. For one thing, it is known that many "professional" jobs get sub-contracted.
This month there are likely to be infusions of spending money commencing. Credit is becoming available.
Some even predict a slight Q2 GDP growth. Apparently, the economy is still able to make things--if only there were people able to buy things!
That latter could be soon.
"Crow, James Crow: Shaken, Not Stirred!"
(Even Wall Street knows that World Poverty has been solved! They did have their chance in early March--In the clearly Christian spirit of the pre-Easter, sacrificial season! Wall Street can be so "giving" in these times of increased stress on bonus payments!)
More realistically, GDP experts expect that Q1 inventories are shrinking, but in fact: Manufacturing job losses are declining every month. In January, they were 207,000, in Febraruy, the figure was 168,000, and in the longer month of March, 161,000. That is a lot of less inventory--in a mech and tech economy. The numbers of manufacturing payroll job losses, however, are declining.
The loss of 133,000 cleaning jobs is not a significant drain on personal income. For one thing, it is known that many "professional" jobs get sub-contracted.
This month there are likely to be infusions of spending money commencing. Credit is becoming available.
Some even predict a slight Q2 GDP growth. Apparently, the economy is still able to make things--if only there were people able to buy things!
That latter could be soon.
"Crow, James Crow: Shaken, Not Stirred!"
(Even Wall Street knows that World Poverty has been solved! They did have their chance in early March--In the clearly Christian spirit of the pre-Easter, sacrificial season! Wall Street can be so "giving" in these times of increased stress on bonus payments!)
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