Jobs. The cuts continue from many companies this morning including Caterpillar and Home Depot. Pfizer and Wyeth are merging. Guess what....they will lay people off to make the merger work.
Jobs
The only way to get the economy going and houses sold is to create jobs.....not strip them.
Can't we find CEOs that can creatively figure out how to keep people working? How about finding or creating a business unit that will be in tangent with the proposed stimulus bill.
If rebuilding America and greening it are on the forefront, keep the employees and have them retrained.
Yes, the stockholders (who currently don't expect much anyway) will have to be patient, but be rewarded down the road.
Experts always ask us as investors to be patient and think for the long term. Maybe it's time for companies to do the same and keep people working.
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