Two Things About The "New Normal"...
1) It is Not Normal
2) It Sucks
I was telling my readers, all 20 of them, that someting akin to this would prevail all of last year.
I was talking to a guy last week who is not a CEO but might as well be, he does the actual running at a company where the CEO is really just a titular head. This guy hires and fires in 100 employee chunks. He said business could justify some hiring - modest but some nonetheless - but he won't do it...yet. He said, paraphrasing, "We've held out this long, might as well hold out a few more months until after the election. No point in handing the current Washington crowd any credit for anything positive. This sentiment is widely held."
2) It Sucks
I was telling my readers, all 20 of them, that someting akin to this would prevail all of last year.
I was talking to a guy last week who is not a CEO but might as well be, he does the actual running at a company where the CEO is really just a titular head. This guy hires and fires in 100 employee chunks. He said business could justify some hiring - modest but some nonetheless - but he won't do it...yet. He said, paraphrasing, "We've held out this long, might as well hold out a few more months until after the election. No point in handing the current Washington crowd any credit for anything positive. This sentiment is widely held."
posted by Donny Baseball at 10:58 AM
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