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Is the recession affecting you?
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| Is the recession affecting you?
- Click HERE to go to the original thread with graphics
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| tifdog1 |
| Anyone experiencing the recession first hand? I just found out that my office is closing its doors on April 30 and pretty much everyone is being laid off. How about you guys, anything similar? |
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| Luther |
| How do you know that the closure of your office is an effect of the recession? |
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| zimmie |
Quote: Originally posted by tifdog1
Anyone experiencing the recession first hand? I just found out that my office is closing its doors on April 30 and pretty much everyone is being laid off. How about you guys, anything similar? |
Recession is a word with a specific meaning, two quarters of negative growth. We are not in a recession at this time as measured by it's definition..
Sorry to hear about your misfortune. |
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| Jack Shit |
Quote: Originally posted by zimmie
Recession is a word with a specific meaning, two quarters of negative growth. We are not in a recession at this time as measured by it's definition..
Sorry to hear about your misfortune. |
We're in a recession, you just don't know it yet.
Sorry to hear about your job loss, tifdog. Out of crisis comes opportunity. :btu: |
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| Fdubya247 |
Quote: Originally posted by zimmietard
Recession is a word with a specific meaning, two quarters of negative growth. We are not in a recession at this time as measured by it's definition.. |
.....by "definition" you are not a "cunt".....
....but we all know the reality.
:rdf: |
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| tifdog1 |
Quote: Originally posted by Jack Shit
We're in a recession, you just don't know it yet.
Sorry to hear about your job loss, tifdog. Out of crisis comes opportunity. :btu: |
Thanks honey...I am one of those who might be spared, we'll see next week. Thankfully, even though I am a Dem, I saw this coming a few months ago and took the appropriate measures to prepare. Regardless, I am educated and talented and even if things don't work out with my current company (which was bought out a few months back by a bigger competitor), I know I will land on my feet. The interesting development out of this whole thing is that my company was a private company, purchased by a public company who discovered an Enron situation...a clear overstating of earnings. Interesting times to come...My company is not a small company. We are second in marketshare in our space and we have a very good public image. It will be interesting to see the fallout. |
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| tifdog1 |
Quote: Originally posted by Luther
How do you know that the closure of your office is an effect of the recession? |
And you're right, I don't know that my office closure was do the recession...but being a logical person, I have to think that because of the lean times upon all of us, and Enron and all of the other accounting scandals, stockholders are scrutinizing acquisitions and playing a larger part in the descisions that public companies make. It's just the nature of the beast.
My company has a well established brand that consumers are going to look to continue with the same level of quality, the very level of quality that the purchasing company paid for..we'll see what happens. |
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| zimmie |
Quote: Originally posted by Fdubya247
.....by "definition" you are not a "cunt".....
....but we all know the reality.
:rdf: |
Fdummy ----> :blow: <----------- 60 million Bush voters... |
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| mkriss5681 |
| My job is downsizing and the higher gas proces are killing me. I am driving 60 miles a day and paying upwards of 300 bucks a month. When I started my job a spend well under 200. So its like I got a 100 a month pay cut. |
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| tourette_ticker |
Quote: Originally posted by zimmie
Recession is a word with a specific meaning, two quarters of negative growth. We are not in a recession at this time as measured by it's definition..
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If this quarter shows negative growth (which is very likely) and next quarter does the same, then we ARE in a recession. |
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| zimmie |
Quote: Originally posted by tourette_ticker
If this quarter shows negative growth (which is very likely) and next quarter does the same, then we ARE in a recession. |
correct...we are not in a recession at this time...it sure disappointed the Bush/America haters that growth was positive in the fourth quarter...now they have to wait until July to hope that will happen |
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| tourette_ticker |
Quote: Originally posted by zimmie
correct...we are not in a recession at this time...it sure disappointed the Bush/America haters that growth was positive in the fourth quarter...now they have to wait until July to hope that will happen |
To be precise we do not know if we are in a recession right now. Many indicators seem to say that when the facts are in they will say we are. |
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| zimmie |
Quote: Originally posted by tourette_ticker
To be precise we do not know if we are in a recession right now. Many indicators seem to say that when the facts are in they will say we are. |
Calling our economy in recession would be incorrect until we have recorded negative growth for two consecutive quarters which has not occurred. Check back in July, then if two quarters of negative growth have occurred, you can correctly say we we're in a recession beginning in January. Not until then. |
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| Anakin S |
Quote: Originally posted by mkriss5681
My job is downsizing and the higher gas proces are killing me. I am driving 60 miles a day and paying upwards of 300 bucks a month. When I started my job a spend well under 200. So its like I got a 100 a month pay cut. |
Buy a ca that has better gas mileage. I drive 90 miles a day round trip. Gas was eating e out of ll my extra money. I went and bught a new 2008 Civic ad now I am getting 37 mpg. It's like getting a free tank of gas a month. |
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| iatebethO |
Quote: Originally posted by zimmie
Recession is a word with a specific meaning, two quarters of negative growth. We are not in a recession at this time as measured by it's definition..
Sorry to hear about your misfortune. |
"It's a recession when your neighbor loses his job; it's a depression when you lose your own."
Truman, Harry S.
Thank you zimmie for being such an asshole as to lecture some one about the meaning of recession after he sadly states he has lost his job.
tifdog1, good luck finding another job. |
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| zimmie |
Quote: Originally posted by iatebethO
"It's a recession when your neighbor loses his job; it's a depression when you lose your own."
Truman, Harry S.
Thank you zimmie for being such an asshole as to lecture some one about the meaning of recession after he sadly states he has lost his job.
tifdog1, good luck finding another job. |
I said I was sorry for her misfortune.
If you really paid any attention, you'd realize this unfortunate event happened to a female, not a male as you stated.
Wise up asshole... |
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| tourette_ticker |
Quote: Originally posted by zimmie
Calling our economy in recession would be incorrect until we have recorded negative growth for two consecutive quarters which has not occurred. Check back in July, then if two quarters of negative growth have occurred, you can correctly say we we're in a recession beginning in January. Not until then. |
Agreed. But by the same token saying:
Quote: Originally posted by zimmie
...we are not in a recession at this time... |
is every bit as incorrect until the data comes in. |
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| tifdog1 |
Quote: Originally posted by tourette_ticker
Agreed. But by the same token saying:
is every bit as incorrect until the data comes in. |
I don't think it matters if technically we haven't had two consecutive quarters of economic contraction. People think and feel like we are in a recession and are acting accordingly. It will become a self-fulfilling prophecy. |
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| zimmie |
Quote: Originally posted by tourette_ticker
Agreed. But by the same token saying:
is every bit as incorrect until the data comes in. |
we can go round and round all day.......bottom line, it was called a recession by a poster today, thats incorrect.....you may look back and call it a recession in a few months, but today it doesn't meet the definition of a recession......
calling it a recession today is incorrect.... |
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| zimmie |
Quote: Originally posted by tifdog1
I don't think it matters if technically we haven't had two consecutive quarters of economic contraction. People think and feel like we are in a recession and are acting accordingly. It will become a self-fulfilling prophecy. |
you may prove to be correct...best of luck to you! |
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| tifdog1 |
Quote: Originally posted by zimmie
you may prove to be correct...best of luck to you! |
Thanks honey! |
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| FulSoldierEfect |
| Hope everything works out for ya tif. As for me being affected, the business I'm in is booming (literally). That and my wife works with the mentally challenged. SO, all in all I think am am as of yet spared. |
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