#164926 by fisherman bob
Wed Feb 15, 2012 4:32 am
Wed Feb 15, 2012 4:32 am
jimmydanger wrote:Technically we've been out of the recession for quite a while, but as you noted, Bob, many good people are still not back to work. The problem is, many of the unemployed are unemployable - they lack the skills to compete and thrive in an information based service economy. The manufacturing jobs have been leaking away for decades; many people thought they would be able to hang on and retire from these jobs but they were wrong. If you don't have an education and an in demand skill set you are out of luck.. I believe the definition of a recession is that the economy is on a downward spiral. We may not be going down any more but it has plateaued at a very low level. The economy is NOT going back up. Trust me, I've been self-employed for 20 years and I've never seen three consecutive years in such a miserable slowdown of work. It's truly pathetic.







