I think all the businesses going bankrupt and downsizing has to do with the opposite effect. Less and less people in this country have disposable income due to their jobs being lost from outsourcing and increasing costs of living. Let alone people are being forced to take pay cuts when wages have been stagnate for 30 years while inflation and costs of healthcare have increase at an exponential rate. People are losing their pensions, retirement savings and now Republicans are threatening to get rid of Social Security even though the system has been proven time and time again to be solvent. How are people suppose to feel comfortable spending on optional items in this kind of economy with these politicians are browbeating fear into us that all safety nets may be cut away?
Post #476193
- Author
- Ghostbusters
- Parent topic
- Borders bookseller faces bankruptcy
- Link to post in topic
- https://originaltrilogy.com/post/id/476193/action/topic#476193
- Date created
- 20-Feb-2011, 6:35 PM