Pundits are comparing today’s economic downturn with the Great Depression, predicting this recession is so deep; its impact may alter the first several decades of this century, the recession, according to experts, that began in December 2007 and ended in June 2009
If you had been working for General motors, taking home a union negotiated $75 dollars an hour (plus insurance benefits and pension) and read in one of the business magazines that Toyota paid only $45 dollars an hour for similar work, what were you thinking? At the same time, profitable Toyota’s U.S. sales caught up with America’s unprofitable number one carmaker. Would you, everything else being equal, under these circumstances quit GM and go to work for Toyota?
I told Sonny that I did that once in my life. He chuckled and said, “You’re not that crazy, or are you?” It was worse than that Sonny boy, I didn’t even have a job. I quit because I was in a dead end job with a big company that was missing the best opportunity of that era. It was the right thing to do, as it turned out.
Your next job should be a targeted job. No Sonny, not a job at Target. Spend some time looking into the future to list some businesses that have a future and then look for companies that are doing well in their market.
There is an abundance of online Resources, for instance, the Wall Street Journal’s auto sales data.
http://online.wsj.com/mdc/public/page/2_3022-autosales.html
To compel a man to subsidize with his taxes the propagation of ideas which he disbelieves and abhors is sinful and tyrannical.
Thomas Jefferson
Everyone said, if you’ve money to invest,
Give it all to Bernie, he’s the best.
He can make us all Wealthy,
Keep our portfolios Healthy,
That is until he was put under Arrest.
