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17.5% of the people in our country (at least) are unemployed. I would suspect the real unemployed AND underemployed number at well over 20%.
With those numbers, that means that at least 1:5 people are not buying anything that is not mandatory for survival. Yet, these companies are showing profits? The stock market is over 10,000? Talk about a disconnect!!! How do you show a profit when 1 out of 5 people (at least) is not buying your product? I tell you how: you fire employees and cut back on everything and everyone. Of course, that can only get you so far. After a while, productivity can no longer rise and you might se it fall exponentially. Coupled with that will be the continued lack (if not growing lack) of people to buy your products.
I am still squarely in the double-dip corner. And I sure feel for the people who are unemplyed because I doubt it will get better any time soon.
My opinions.
Brian
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