Economy:1-1-09 Microsoft planning big layoffs for January?

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blackangst1

Lifer
Feb 23, 2005
22,902
2,360
126
Originally posted by: WhipperSnapper
Originally posted by: GoPackGoDid you know K-Mart is emphasizing that they are the last nationwide store that still has lay-away?

I have no idea how Kmart continues to survive and compete with Target and Walmart.

I prefer kmart for household things to target. HATE Target personally. its an overpriced dollar store IMHO lol
 

StageLeft

No Lifer
Sep 29, 2000
70,150
5
0
Originally posted by: WhipperSnapper
Originally posted by: GoPackGoDid you know K-Mart is emphasizing that they are the last nationwide store that still has lay-away?

I have no idea how Kmart continues to survive and compete with Target and Walmart.
Me, neither. I never go in there, I see it as a dinosaur.

I also have no idea that grown adults need/use lawaway. I saw a guy at harborfreight actually trying to do it for a fairly cheap radio control plane. He was probably 45. STILL depresses the hell out of me.

 

Rangoric

Senior member
Apr 5, 2006
530
0
71
I would like to point out that quite a few of those stores where already either closing or going backrupt BEFORE this whole thing started.

And for Target/KMart they are actually allowed to have stores on Long Island as the last supercenter Walmart that tried to go up around here was denied.
 

BoberFett

Lifer
Oct 9, 1999
37,562
9
81
OMG!!!!! NOT SHARPER IMAGE!!!!!

WHERE WILL I GET MY COMBO PIZZA OVEN/SHIATSU MASSAGE PILLOW NOW?!?!?!



Most of the stores on DuhMcKnownothing's list are silly boutique stores that truly captured the essence of a consumption society, selling useless overpriced products to people with more money than brains.
 

TheSlamma

Diamond Member
Sep 6, 2005
7,625
5
81
Originally posted by: BoberFett
OMG!!!!! NOT SHARPER IMAGE!!!!!

WHERE WILL I GET MY COMBO PIZZA OVEN/SHIATSU MASSAGE PILLOW NOW?!?!?!



Most of the stores on DuhMcKnownothing's list are silly boutique stores that truly captured the essence of a consumption society, selling useless overpriced products to people with more money than brains.
Ann Taylor - Rich Bitch clothes
Eddie Bauer - Fubu? Give me a fuckin' break
Cache - Rich Bitch again
Lane Bryant, Fashion Bug, Catherines - Look above
Talbots - again with this shit?
Gap Inc - When does it stop!
Foot Locker - Still charging 900%+ over cost for a Nike
Pep Boys - Ricer supplies and a service center that never fixed shit.
Pacific Sunwear - You can make a store for this alone?
Movie Gallery - Netflix, free rental from the public library system? Itunes and the like? Why would they be going under :confused:
Sharper Image - As stated by BoberFett.. oh no a store where 90% of what they sell also makes julienne fries.

Confirmed.. fluff companies supported by people buying too much Shit.. Dave this useless garbage doesn't support the economy.. it also takes a lot of oil to ship and create this garbage.. so why would you suppot it?
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
Originally posted by: WhipperSnapper

Sounds like we'll be seeing lots of empty storefronts in the malls soon.

I guess that sort of thing can happen to your nation's economy when you send manufacturing jobs and college-education-requiring jobs overseas, when you hire foreigners on H-1B and L-1 visas to displace Americans from college-education-requiring jobs at home, and when you import millions of impoverished immigrants, both legally and illegally, to displace Americans from lower-middle class construction jobs and meatpacking jobs.

Good job free market dogmatists.

Was at Crossroads Mall in Eastern PA over the weekend, 3/4 of the stores already closed up. The main sign in front lost all it's anchors.

 

StageLeft

No Lifer
Sep 29, 2000
70,150
5
0
In regard to movie gallery, that place is fvcked, which reminds me I need to look at how its stock has been doing. When I went to a "redbox" at my grocery store for the first time some months ago and remembered that the Blockbuster across the street at a major intersection had closed 6-12 months earlier, plus netflix, it dawned on me that brick and mortar rental stores are DOOMED. They have no future. I went to a movie gallery locally a couple months ago and, God love him, the manager called me the next day as a new customer to see if he could help me with anything. The place was barren when I went in, completely empty and this at 6 pm on a long weekend. It is a despondent business model.
 

BoberFett

Lifer
Oct 9, 1999
37,562
9
81
Originally posted by: dmcowen674
Originally posted by: WhipperSnapper

Sounds like we'll be seeing lots of empty storefronts in the malls soon.

I guess that sort of thing can happen to your nation's economy when you send manufacturing jobs and college-education-requiring jobs overseas, when you hire foreigners on H-1B and L-1 visas to displace Americans from college-education-requiring jobs at home, and when you import millions of impoverished immigrants, both legally and illegally, to displace Americans from lower-middle class construction jobs and meatpacking jobs.

Good job free market dogmatists.

Was at Crossroads Mall in Eastern PA over the weekend, 3/4 of the stores already closed up. The main sign in front lost all it's anchors.

They're not closed Dave, it's just that they saw you coming and turned off the lights. They didn't want to catch whatever disease you have that makes you a loser.
 

eleison

Golden Member
Mar 29, 2006
1,319
0
0
Originally posted by: alchemize
Originally posted by: wwswimming
if you thought the Bush "recovery" was bad, wait for the Bush Recession.
Actually it will be the Obama recession & recovery.

Wow, if companies weren't having a bad time of it already, wait until Obama becomes president and taxes the remaining business to death.. because company's are evil.. huhm.. key..
 

TheSlamma

Diamond Member
Sep 6, 2005
7,625
5
81
Originally posted by: dmcowen674
Originally posted by: WhipperSnapper

Sounds like we'll be seeing lots of empty storefronts in the malls soon.

I guess that sort of thing can happen to your nation's economy when you send manufacturing jobs and college-education-requiring jobs overseas, when you hire foreigners on H-1B and L-1 visas to displace Americans from college-education-requiring jobs at home, and when you import millions of impoverished immigrants, both legally and illegally, to displace Americans from lower-middle class construction jobs and meatpacking jobs.

Good job free market dogmatists.

Was at Crossroads Mall in Eastern PA over the weekend, 3/4 of the stores already closed up. The main sign in front lost all it's anchors.
So basically your definition is an economy where people run around buying useless shit fromt he mall? Wow you really do love the planet don't you?

 

Rangoric

Senior member
Apr 5, 2006
530
0
71
Originally posted by: dmcowen674
Originally posted by: WhipperSnapper

Sounds like we'll be seeing lots of empty storefronts in the malls soon.

I guess that sort of thing can happen to your nation's economy when you send manufacturing jobs and college-education-requiring jobs overseas, when you hire foreigners on H-1B and L-1 visas to displace Americans from college-education-requiring jobs at home, and when you import millions of impoverished immigrants, both legally and illegally, to displace Americans from lower-middle class construction jobs and meatpacking jobs.

Good job free market dogmatists.

Was at Crossroads Mall in Eastern PA over the weekend, 3/4 of the stores already closed up. The main sign in front lost all it's anchors.


When did they close? Losing Anchors is a HUGE issue for Malls, so when did they leave?
 

Engineer

Elite Member
Oct 9, 1999
39,230
701
126
Originally posted by: TheSlamma
Originally posted by: dmcowen674
Originally posted by: WhipperSnapper

Sounds like we'll be seeing lots of empty storefronts in the malls soon.

I guess that sort of thing can happen to your nation's economy when you send manufacturing jobs and college-education-requiring jobs overseas, when you hire foreigners on H-1B and L-1 visas to displace Americans from college-education-requiring jobs at home, and when you import millions of impoverished immigrants, both legally and illegally, to displace Americans from lower-middle class construction jobs and meatpacking jobs.

Good job free market dogmatists.

Was at Crossroads Mall in Eastern PA over the weekend, 3/4 of the stores already closed up. The main sign in front lost all it's anchors.
So basically your definition is an economy where people run around buying useless shit fromt he mall? Wow you really do love the planet don't you?

2/3 of GDP comes from "consumer spending", FWIW.
 

StageLeft

No Lifer
Sep 29, 2000
70,150
5
0
Originally posted by: eleison
Originally posted by: alchemize
Originally posted by: wwswimming
if you thought the Bush "recovery" was bad, wait for the Bush Recession.
Actually it will be the Obama recession & recovery.

Wow, if companies weren't having a bad time of it already, wait until Obama becomes president and taxes the remaining business to death.. because company's are evil.. huhm.. key..
Good call. We should take the existing presidential guidance and model the next four years after that, because it's done a bangup job of helping this economy out :thumbsup:

 

TheSlamma

Diamond Member
Sep 6, 2005
7,625
5
81
Originally posted by: Engineer
Originally posted by: TheSlamma
Originally posted by: dmcowen674
Originally posted by: WhipperSnapper

Sounds like we'll be seeing lots of empty storefronts in the malls soon.

I guess that sort of thing can happen to your nation's economy when you send manufacturing jobs and college-education-requiring jobs overseas, when you hire foreigners on H-1B and L-1 visas to displace Americans from college-education-requiring jobs at home, and when you import millions of impoverished immigrants, both legally and illegally, to displace Americans from lower-middle class construction jobs and meatpacking jobs.

Good job free market dogmatists.

Was at Crossroads Mall in Eastern PA over the weekend, 3/4 of the stores already closed up. The main sign in front lost all it's anchors.
So basically your definition is an economy where people run around buying useless shit fromt he mall? Wow you really do love the planet don't you?

2/3 of GDP comes from "consumer spending", FWIW.
Well when the people go into bankruptcy court cause they bought pet rocks and fake rubber dogshit at Sharper Image on their 18% interest credit card I'm sure they can bring up they were just doing their part to support the GDP :)
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
Originally posted by: Rangoric
Originally posted by: dmcowen674
Originally posted by: WhipperSnapper

Sounds like we'll be seeing lots of empty storefronts in the malls soon.

I guess that sort of thing can happen to your nation's economy when you send manufacturing jobs and college-education-requiring jobs overseas, when you hire foreigners on H-1B and L-1 visas to displace Americans from college-education-requiring jobs at home, and when you import millions of impoverished immigrants, both legally and illegally, to displace Americans from lower-middle class construction jobs and meatpacking jobs.

Good job free market dogmatists.

Was at Crossroads Mall in Eastern PA over the weekend, 3/4 of the stores already closed up. The main sign in front lost all it's anchors.


When did they close? Losing Anchors is a HUGE issue for Malls, so when did they leave?

I don't know I just started workin in this area this year.

I'll ask my friends about it.

The signs were blank white plastic and the lights were on.

They should at least turn the bulbs off for all the empty sign slots.

I normally would pass right by an abandoned shopping center with a sign out front like that. We stopped because we were getting something specific at a store still open.

I suspect that store will not be open there much longer and the entire Mall will be a ghost center.
 
Oct 30, 2004
11,442
32
91
Originally posted by: alchemize

Actually it will be the Obama recession & recovery.

What makes you think that this will only be a merely bad recession and what makes you think that there will be a "recovery"?

Will the recovery be based on lattes being served at Starbucks? I doubt that it will be based on a booming housing market. So just what would it be based on?
 

alchemize

Lifer
Mar 24, 2000
11,486
0
0
Originally posted by: WhipperSnapper
Originally posted by: alchemize

Actually it will be the Obama recession & recovery.

What makes you think that this will only be a merely bad recession and what makes you think that there will be a "recovery"?

Will the recovery be based on lattes being served at Starbucks? I doubt that it will be based on a booming housing market. So just what would it be based on?
What makes you think the opposite? I guess I'm just an optimist, and history supports my viewpoint.

Even Rome took a long time to "fall", and yet Rome still stands, just not as it was.

That - and the dems told me that if only we gave them congress and the presidency, they would cure all that ails us ;)
 
Oct 30, 2004
11,442
32
91
Originally posted by: alchemize
Originally posted by: WhipperSnapper
Originally posted by: alchemize

Actually it will be the Obama recession & recovery.

What makes you think that this will only be a merely bad recession and what makes you think that there will be a "recovery"?

Will the recovery be based on lattes being served at Starbucks? I doubt that it will be based on a booming housing market. So just what would it be based on?
What makes you think the opposite?

Our economy has become a hollow shell and the basis for our having widespread prosperity has been eviscerated.

Much of the nation's manufacturing base has been outsourced along with many white collar jobs and others have been filled by foreigners on H-1B and L-1 visas. In the meantime, we have allowed mass immigration, both legal and illegal, to fuel a population explosion which increases the strength of Malthusian forces. Consequently, many working class Americans have been displaced by illegals in formerly lower-middle class fields such as construction. So, it seems as though the ladders of upward mobility that the nation utilized in the past are no longer present. Since the supply of labor relative to capital has increased dramatically, the basis for Americans having middle class wages and a middle class standard of living is no longer present. (This is what's called Global Labor Arbitrage.)

Also, we are in the midst of a Global Malthusian Crisis. The world's population, and, specifically, the population of people worldwide who are using oil has increased dramatically, raising the prices for energy resources. Here at home as a result of our own domestic population explosion, the price of energy has increased along with the cost of food. Some parts of the nation have reported water shortages and the increased population will put an increased strain on the environment in addition to increasing the burden on our nation's infrastructure.

That's why I have concluded that this is not an ordinary recession but rather the beginning of a structural change in our nation's economy. It is the start of a transformation of the United States into a third world country.

Our nation's problems are daunting and a tremendous amount of effort would be required to slow, stop, and reverse the trend. By the time Americans realize what is happening, if ever, it will be too late. In the meantime instead of identifying the nation's real economic problems the media and our politicians tell the people that the solution to their problems is better education (for non-existent job positions) and the sheeple gobble up that advice as though it were the new opium of the masses.

I predict that the U.S. will become the next India--overpopulated and impoverished. At best I think we'll end up like a South American country, perhaps like Brazil. The United States as we have known it--as a nation with a strong middle class and widespread prosperity--is over. It really doesn't matter much whether Obama or McCain wins the election; these problems are daunting and almost intractable. (For all intents and purposes, they are basically the same as far as the relevant issues are concerned.)