[quote=Nor-LA-SD-guy][quote=Rt.66][quote=Nor-LA-SD-guy]
It has been the relative low end employees i.e.. Construction, manufacturing etc.. That (as usual) have taken the blunt of the lay offs, so I give this very little credibility (unless you live in Detroit or some place similar)
In SD there is a lot of Wireless communications work and that has been one of the few bright spots in communications over the last 10 years so I would not expect to see a lot of high end employees hitting the streets in SD myself.
In L.A. the entertainment industry is having record profit the last few years so I would not expect to see a lot there either.[/quote]
LOL… Do you do even the slightest research before you post those duzzies?
Everyone relax. The empire is crumbling and the powers that be are trying to manage the fall. The dam will break on their time frame.
As for the Gov. or banks “managing” things to keep housing prices up, please remember that they went nearly straight to 50% off to move inventory in many areas. Of course they can’t have every market returning to almost sanity at once. If your area has not seen the 50% off then just be patient.
There are empty houses all across CA. If you think that’s a sustainable plan for the banks then go join the bidding war ranks; otherwise just chill :)[/quote]
You can do a search and find what ever info supports your Idea fairly easily, but the fact is the entrainment industry is on a tear as far as profits go.
And the Wireless Communications industry is the healthiest in the group of communications industries.
When times get tough the tough get going, But the not so tough go to the movies.[/quote]
I grew up with a lot of people who ended up working in the entertainment industry. 100% of them are reporting very slow business, and all of them are worried about their jobs. Many of the people I know have been in the industry for decades, and have seen the trends over a long period of time. This is not a “normal” recession, according to them.
The entertainment industry is hanging on by a thread. The music industry has been decimated by technology, and the movie industry has been hit hard by the recession.
Not sure where you’re getting your info, Nor-LA-SD, but would love to hear where you’re getting these optimistic reports so I could give my friends some comfort. Any references or even anecdotes to bolster your claim of the entertainment industry being “on a tear”?
