On Jan 29, 10:37*pm, (Neil Williams)
wrote:
On Thu, 29 Jan 2009 22:20:10 GMT, "Peter Lawrence"

wrote:
Its the passengers will suffer - they can't cut that many jobs without
some tasks just not getting done any more.

Do companies and other organisations not realise that by jumping on
the redundancies bandwagon (aka burying bad news) they make the
recession all the worse?

Neil

--
Neil Williams
Put my first name before the at to reply.

The other week someone plummy was proposing pay cuts on the news.
It's the "workers" who stop spending when announcements like that are
made, and stopping spending means ... as you say, recession.

Trouble is that asking an economist why there's no money is like
asking an electrician why there's no coal. This is really a
pyschological and social phenomenon.