What's wrong with the market?

[Jonathan Hutchins]

> -----Original Message-----
> From: Matt Luettgen [mailto:crash3m at yahoo.com]

> > Thing is, there are NO [it] jobs in KC. 

> > Period.

> I second the notion and here by declare KC the
> unemployment capital of the KS/MO area...oh wait its
> not just KC its everywhere, do you people not pay
> attention to the stock market?  

My point is that the IT market is, and will continue to be, worse in KC than
the rest of the country, for the reasons I gave.

> The only way to get the stock market
> back on its feet is to show confidence in it, but the
> majority of people are to stupid to realize that life
> will continue...

The stock market doesn't really employ all that many people, Matt.
Individual investors don't have much effect on it.

What I've seen is that when the economy slows, there are a lot of big, badly
run businesses that respond immediately by cutting their workforces.

Who do they think is going to buy their product if everybody gets laid off?
Henry Ford understood this, he determined to pay his workers wages that were
unheard of at the time, so that they would be able to buy the products they
produced.