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Ford Motor Co. Message Board

  • low_mac low_mac Feb 27, 2013 1:55 PM Flag

    6% Unemployment Rate Still 3 Years Away

    It will be the next presidents job in 2016.

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    • Then play the markets. The stock market loves layoffs. Remember in the eighties and nineties when a company would say it was closing a plant, laying off american workers and what happened, the stock went through the roof. Yes, layoffs mean lower costs, more profits and increased sales because with outsourcing in cheaper countries your price just went down. Look at the markets today, the labor picture is only slightly better, but the markets skyrocked from 7000 to 14000. I would say welcome to your two tier economy, but it has been going on for so long it doesn't require a welcome, what it needs is a goodbye.

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