Poll: POLL: U.S. Economy down the tubes or bound to rebound?

[Krakn3Dfx]

Everyday I see another 3500-5000 people being laid off somewhere. Highly profitable companies like Hewlett Packard, who never lay people off, are even laying off large chunks of their employees to make ends meet. Broadband companies are going down the tubes, and large websites that were all the rave 8 months ago are closing down in droves due to a lack of earnings. Sales are flat, although not yet falling, but if things don't pick up quick in the Q4 of this year, chances are that sales will drastically fall at XMas, making next year's outlook even more grim. Even the government is handing out money for people to spend to keep the economy afloat. The stock market has levelled out the last few weeks, but how long will that last before it starts a freefall again?

So what do you think? Are we headed for another Black Monday, or are we going to bounce back late in the year and into 2002? Are you going to spend your "tax rebate", or shove it in your checking account for a rainy day? Are you worried about losing your job to the massive downsizing going on right now? Is there anything in the near future that looks like it can take up the slack where the DotCom has cut the cord?

Basically, are we SCREWED?