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	<title>Tim's Missouri Employment Law Info Site - TimsLaw.com</title>
	<link>http://www.timslaw.com</link>
	<description>Info about job rights, wrongful termination, retaliation, non-competes, and contracts</description>
	<pubDate>Thu, 17 May 2012 19:16:18 +0000</pubDate>
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		<title>Living in a Depression</title>
		<link>http://www.timslaw.com/living-in-a-depression.htm</link>
		<comments>http://www.timslaw.com/living-in-a-depression.htm#comments</comments>
		<pubDate>Wed, 25 Apr 2012 13:54:41 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
	<category>MISC JOBLAW TOPICS</category>
	<category>ALERTS - NEWS</category>
		<guid isPermaLink="false">http://www.timslaw.com/living-in-a-depression.htm</guid>
		<description><![CDATA[The 2nd Great Depression is upon us.The Government is lying to us.This &#8220;Great Recession&#8221; is way deeper than they are willing to admit, I think
Here are some bullet points to support my opinion.

I meet with salespeople of all stripes &#8212; I always ask about how their businesses have been doing.
With only a couple of exceptions, [...]]]></description>
			<content:encoded><![CDATA[<h1>The 2nd Great Depression is upon us.<br />The Government is lying to us.<br  />This &#8220;Great Recession&#8221; is way deeper than they are willing to admit, I think</h1>
<p>Here are some bullet points to support my opinion.</p>
<ul>
<li>I meet with salespeople of all stripes &#8212; I always ask about how their businesses have been doing.
<p>With only a couple of exceptions, for highly specialized industries, sales seem to be way down, and have been so for years, and I have not been talking about it, but I have been watching it.</p>
<p>It continues into 2012 &#8212; The sweet spot seems to be roughly about a 30% downturn compared to 2007, which sounds high, but that is my estimate based on what I hear.</p>
<li>I have watched the construction-related industries essentially collapse.</li>
<li>I have watched the &#8220;outsourcing&#8221; movement take hold, which reduces costs - That&#8217;s why they do it.</li>
<li>I hear over and over about how employers do not replace essential people who leave, and push the tasks onto others.</li>
<li>I am seeing more and more employers trying to save on taxes and benefits by misclassifying people as &#8220;1099&#8243; workers, rather than as regular employees.</li>
<li>Fast food managers are not getting the bonuses they have expected, and the quality of fast food has been declining as a result. Fast food managers only make a modest wage, and hope for  a decent bonus.
<p>I have been hearing about it in my office &#8212; If you are not getting your bonuses as a fast food manager, then you are not going to be as sharp at supervising. This means you may not care enough about watching people and product. Under-supervised workers produce poor product. Plus, the restaurants are obviously buying cheaper supplies.</li>
<li>And we all know well that houses have lost 30% of their value, and I won&#8217;t even begin to discuss foreclosures.</li>
<li>Car companies are claiming high profits &#8212; But car companies can grab profits by beating up on their suppliers &#8212; For example, they can get a supplier to drop the price for making a seat from $200 to $100, under threat to find a new supplier. (No, car-makers do not make their own parts &#8212; They buy their parts from suppliers, and assemble them)</li>
<li>The Government needs to prop up confidence in the economy, so they push out an artificially happy view of how we are doing. This is not a Republican vs Democrat thing.</li>
<li>(But some places are still booming &#8212; Here locally, in my area, Red Lobster and Olive Garden are always full)</li>
</ul>
<h3>We will be posting some more info here soon about where you can get some help &#8212; These articles are works in progress, and it takes a lot of time to bring them up to where they need to be &#8212; Thanks for your patience</h3>
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