When we have problems, we hire more administrators to "fix" them.

On Mon, May 18, 2009 at 02:59:04PM -0700, raghu wrote:
> days of the telecom bust (2001-2003). Yes there was bloat (and not
> just at the top), but when recession hit, management ruthlessly cut
> staffing (from around 120k to about 40k). From being bloated, we
> quickly went to being chronically understaffed.

-- 
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
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