Around Chicago, some executives blame their caution on a view that American consumers are destined to disappoint for many years to come. Full Story »
Posted by Joey Baker - via Memeorandum, Washington Post , Real Clear Politics, Patrick McDermott (t), JR Russ (t), Salvador Sala (t), miker1717 (t), Ray Nichols (t), Kaizar Campwala (f), avivao (f)
The Washington Post questioning the political narrative is good by me. It's a shame these are mostly anecdotal data, and all from one area of the country.
Across the industrial parks and office towers of the Chicago region, in a more than a dozen interviews, senior executives said they see Americans for years ahead paying ... More »
This is a case of pot-ah-to and pot-eh-to. Some see the way out to invest in new technologies that cut labor cost. Others see the way out through hiring workers. The second alternative actually puts money in the hands of those who will spend it.
It offers an interesting insight into business thinking even if their logic might be self-defeating.
Yes, it's a straight forward account of what biz executives were reporting (and without any apparent political spin, much appreciated in this current political season). Awaiting "the light at the end of the tunnel" they're simply saying it's a very long, longtunnel (temporally). I'm sn investor in financing for small biusinesses (future receivables contracts). We have increased the risk assessment of the probability of a further deflationary recession/depression upwards from 25% toward -50%. is only prudent to exercise profound caution when our and our employees futures are at stake - we will nue to "run flat" and safeguard our financial resources in order to respond accurately and rapidly to the shifting economy.
Retrieving Comments
