Report this forum post

duodeluxe,
I completely agree. A bad economy makes everyone shape up. Unfortunately, good people will lose their jobs during this correction but I think there are many people who have been grossly overpaid due to the tight labor markets. This slow down should correct that and should bring in newer and better talent.

A capitalist economy is built on recessions and corrections. This is what it is all about. Survive the corrections and come out much stronger on the other side.

If our government keeps printing money and bailing out businesses with bad business models this recession will not be the worst we live through. Give it about 5 or 6 years and see what happens.
  • Posted 5 Feb 2009 13:39
  • By batman
  • joined 29 Nov'07 - 119 messages
  • Pennsylvania, United States

This is ONLY to be used to report flooding, spam, advertising and problematic (harassing, abusive or crude) posts.

Indicates mandatory field
SMV (Konecranes) 4531CC5
Balling, Denmark
Used - Sale
Hoist Liftruck F180-36BOX-CAR
Coraopolis, Pennsylvania, United States
Used - Sale & Hire

PREMIUM business

Flexi® By Narrow Aisle Limited
Leading manufacturers of very narrow aisle (VNA) equipment.
Global Industry News
edition #1236 - 26 June 2025
As June comes to a close, the month when our sector recognises National Forklift Safety Day , the United Kingdom’s Association of Industrial Truck Trainers (AITT) has issued a timely reminder of the need to ensure any staff training is fully accredited... Continue reading
Movers & Shakers
Jeannette Walker Jeannette Walker
CEO, MHEDA
President, European Rental Association (ERA)
Chief marketing officer, JLT Mobile Computers
Chief executive officer, East Penn Manufacturing
Upcoming in the editorial calendar
WIRELESS CHARGING
Aug 2025
MANAGING MIXED FLEETS
Oct 2025
Global Industry News
edition #1236 - 26 June 2025
As June comes to a close, the month when our sector recognises National Forklift Safety Day , the United Kingdom’s Association of Industrial Truck Trainers (AITT) has issued a timely reminder of the need to ensure any staff training is fully accredited... Continue reading
Fact of the week
Sourdough bread contains Lactobacillus reuteri, a probiotic bacteria. During pregnancy and breastfeeding, these bacteria can travel from the mother's colon to her breast tissue and be passed to the infant through breast milk. It offers various health benefits, including potential protection against breast cancer.