Yeah, thanks for that Rich. 2 quarters seems survive-able. Why did the one in the early 90s seem so painful?
VCJim, I’m doing everything I can right now to prepare. I’ve increased marketing, I’ve put more processes in place to close sales, and I’m having the factory evaluate which products can be re-tooled to lower costs. It’s never-ending!
As for the war machine: let’s face it, it’s unethical and immoral to use war to stimulate the economy. In my mind there are so many other options. And when I learn there is a specific process whereby the government can provide stimulus and incentives to businesses to better our country’s future, I get so frustrated to think they might not choose that path. I frankly think politicians are just too out of touch with what has changed in the world, and what we want for our country and our children going forward; they just rely on the same old bs responses to the same old bs problems. I’m soooo ready for a clean sweep.
It’s pretty clear if they cut rates, we’ll have to have the ‘Sarbanes Oxley’ or some version thereof, applied to the loan biz.
