HomeLoans Blog

July 27th, 2010 11:09 PM

I read this article tonight that seemed to point to the issue. There have been good corporate earnings reports - improving profits.

But families are still struggling, and not feeling good about things.

Here's the reason:

Corporate profits are coming from cuts, leaving people still unemployed.

Here's the article.

Of course this is not sustainable. It may mean improved productivity and result in a more efficient economy, but at some point we need to employ our workers.

 


Posted by Richard Smith on July 27th, 2010 11:09 PMPost a Comment (0)

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