Thursday, December 4, 2008

There Will Be No Christmas This Year, America

A headline on CNN caught my eye as I perused:

Jobs cut today = 20,650

I know the networks will place this in the "Too Close To Call" category, but seriously: no Christmas this year. Consumers can't spend if they have no money. If no one has money to spend, businesses will lay people off. Those people have no money and can't spend any. More businesses lay people off.

The madness will never end!

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