On Nov 7, 2008, at 1:19 PM, Jayson Funke wrote:
And the class crunch on labor wages intensifies as Wall St.
acknowledges
and approves...
Uh, no, that's not the reason stocks are up. They've been down hard
lately, and it's just a bounce. Wall Street does not welcome an
employment implosion at this point. It will be hell on demand, will
damage profits, and could cause serious political problems.
Doug
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