A circular problem – capital spending decision-making and unemployment
Greece: Postponing the inevitable
By Ian R. Campbell —— Bio and Archives--August 2, 2012
Canadian News, Opinion | Comments | Back To Full Article
Snippet #1: There is no good solution to this manufacturing job loss issue that I can think of in the current economic environment, where ‘a job in the hand may be worth as much as five jobs in the bush’. Essentially, while such behavior on the part of plant personnel is understandable – who wants to go ‘out on a limb’ to have it break off and ‘fall’ – it is counterproductive to, and inconsistent with, economic stability and perhaps recovery.
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