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...fact that every worker is a consumer. Layoffs set in motion a vicious cycle that undermines a major pillar of any expansion. Consumer confidence drives the process that is the largest single component of GDP. In this recession, the trouble is compounded by an unprecedented lack of access to credit because of housing prices and the near failure of the banking system. (See pictures of office cubicles around the world...
...market may have to go through the tragedy of a self-correction that combines agony and duration. The economy may run through a cycle in which unemployment increases until labor costs fall to a nearly unimaginable level. Businesses will begin to hire again because they will have access to skilled workers at a fraction of what those people would have cost them a year ago. If that is the solution to the labor problem, the end of the recession is a long way from here...
...Wachusett Mountain Ski Area in Princeton, Mass., has access to some 7 million people who live about an hour away in the Boston; Hartford, Conn.; and Providence, R.I., regions. And skiers are staying local: skier days at Wachusett have risen 4%. "We are drawing the people that make a spontaneous decision to go skiing," says Tom Meyers, the marketing chief at Wachusett...
...biggest consumers.” Despite the correlation between religion and pornography, Edelman downplayed over-politicizing his findings, instead putting an emphasis in his study on the more cautious conclusion that “there’s little sign of a major divide” in porn access across the U.S. “There are strong correlations,” he said, “and yet you need to be careful about what that tells you. Maybe the liberal people in the conservative regions are getting their porn online rather than at retail because the conservative people...
...Feminism was established so as to allow unattractive women access to the mainstream of society." - The Rush Limbaugh Show, August...