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Tuesday, March 04, 2003 |
I remember when the automakers all came out with 0% financing after 9-11 and
I thought to myself, "They are punting" They figured they could borrow off
the future during the short downturn and by now, when the bills started
coming due, the economy would be back on track. Except the economy is still
sick and as the Wall Street Journal reported today, all three automakers
expect steep declines in sales and production in the next few months. This
is not a good time for this to be happening! This has the makings of an
economic "Perfect Storm" where negative short term and long term trends
converge. For the short term we have high gas prices, world wide economic
slowdown, fears of war and terrorism and state and local budget crises. For
the long term we have an ongoing health care crisis and the transfer of
thousands of manufacturing and service jobs offshore.
My question is as follows: As we open our borders to competition from
countries with low wages, lax environmental rules, lax workplace safety
rules and emnity towards human rights, can't we expect our quality of life
to slowly leak out as well?
5:22:13 PM
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I can't figure out what is wrong with me today. I can't concentrate. I get frustrated with the smallest problems. I feel like unplugging my mouse and swinging it around like a morning star in my cube. I feel like chewing up the Visual Sourcesafe documentation and spitting it out on my computer screen. This all feels familiar because I used to feel like this all the time, but not lately. I am back in paranoialand. I guess it doesn't hurt to visit your home town every once in a while. We are babysitting Noah tonight and I am looking forward to that because that kid appreciates legos in a deep way.
11:35:04 AM
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© Copyright 2003 mcgyver5.
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