[PRCo] Re: Lease back financing
Dennis F. Cramer
dfc1 at windstream.net
Sun Dec 14 07:56:15 EST 2008
Do unemployment figures tell the whole story? Am I correct in thinking they
only disclose the number of persons receiving unemployment once that runs
out, they are no longer classified as unemployed?
I agree with John, that no matter where I have been (Delaware, Washington,
Allegheny, Butler & Armstrong Counties in PA and Wilmington, DE) over the
past month, the crowds are large and the cash registers buzzing. Even when
they do have enough employees to cover them.
People who are working still have disposable income and the credit cards
keep them buying even if they do not have the disposable income. This is
what got us into this mess in the first place. People living beyond their
means.
I guess I grew up understanding what it was like to go without and to always
save for a rainy day. We never knew when the coal mine was going to go to 3
days a week or some guy would get pissed off, dump his water, and create a
strike.
Dennis F. Cramer
Trombone
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