Wednesday, February 18, 2009
The economy, the market and some chocolate chips
Yes, the economy may be in bad shape for now. The stock markets have had their day. We will see some wild rides in the market for the next few months. Wild swings, highs and lows, but life will go on, and in the end, things will work out. You can be sure that much will never be the same. The auto industry in America will never be the same. It will be leaner, and hopefully a bit meaner. It will eventually be making more environmentally conscious vehicals. Better gas mialage, better fuel economy and all that. Hopefully, Labor costs and union situations will woork themselves out. In this economy, you need the representation of the unions, but the unions are bloat that are costing the companies, and the rest of society a chance at recovery. I have said it before, is it not better to have a job at a fair wage then none at all, for the sake of saying i have a union contract and you have to pay me? If the company goes under, good luck getting your benifits. remember what happened at Enron, and what United Airlines did to all of their employees? Abandoning their pensions, throwiing the very people who made them billions in front of a bus without so much as a thabnk you. My point is you have to help out he company, but not in blind faith, for you know that history has taught us that most companies do not have the employees best interestes at heart. We will all have to tighten our belts, just a bit, but we will all get through this. The ripple efect of the auto industry restructure wll be felt hard and across the globe, but this to will pass. Many cottage and smaller industries and companies will not survive this, some will. The larger companies will weather the storm beter, but in the end, people still need cars and busses and trucks, and there will always be a need. Now, if we can get a true incentive to have a forward thinking car company build the best hybrids and the best alternative fuel vehicals, we can lead the world in a revolution from oil depandance. Until then, wait, do what you can, enjoy a cookie or two and do your best to help yourself and the environment.
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