It is better
to not be on
the web than
to be on and
not know why
John Sumser

Reality
is more
complex
than
it seems.
John Gall

It's better to
do a few things
really well than
than to do
a lot of things
badly.
If you can't
make the necessary
commitments of
time and energy
to your
electronic
marketing
efforts
scale back
your plan.
John Sumser

OUR HOME

So, what's all this talk about an economic downturn?

The Conference Board, known for its economic forecasts, swears that there is no chance of recession. The unemployment rate hasn't budged while new jobs are being created faster than companies can lay off old employees. There are many areas of the country with unemployment rates below 2%. according to FlipDog's Job Opportunity Index, 21 States have more job openings than workers. The top 10 are:

1. Massachusetts
2. California
3. Colorado
4. New Hampshire
5. Virginia
6. Connecticut
7. Minnesota
8. Vermont
9. Maryland
10. Washington

The stock market is a separate issue. With 60% of the value gone from the NASDAQ and nearly 30% out of the DOW, it's a solid time for reappraisal. Like people, economies need moments of introspection. Unfortunately, the broadcast media can do little with a story like "the economy is taking a moment to reflect on itself" and needs to describe the thing in terms that are more concrete.

As a result, we've seen amazing silliness from people who are unable to judge things from their own environments. The post-bubble panic seems, from here, to be more irrational than the original exuberance. We join the Conference Board in swearing that there is absolutely no chance of a recession this year.

- John Sumser © TwoColorHat. All Rights Reserved.

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© 2013 interbiznet.
All Rights Reserved.

Materials written
by John Sumser
© TwoColorHat.
All Rights Reserved.

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