In response to:

Cutting Jobs to the Bone

dirt3 Wrote: Jan 13, 2013 3:35 AM
Retired from Sea Ray Boats as a Vice-President with golden parachute-1994 54 years old......Now supporting Kids with houses and food cause they can't get jobs.........ITS NOT THE SAME AS THE GOOD OLD DAYS,, right Fonse.....
Pistol Wrote: Jan 13, 2013 8:20 AM
Good morning, dirt3,

Congratulations on your version of the American Dream. I had to work all the way to 65, but by that age my investments enabled me to retire on the same income I had when I was working. Now I play at being a part-time teacher at a public Charter School to support my agenda of providing parents with a choice of education for their kids. I recommend volunteering at a school for everybody. It would take a bigger grouch than I am to stay grouchy surrounded by the energy and potential of a couple hundred kids.

Here’s my quandary. 

From an investment point of view, do I consider the fact that companies are, once again, laying people off as a good thing and therefore worthy of my investment dollar, or, is the downsizing a sign that the company’s business is faltering, and therefore, not worthy of my investment dollar? 

The Keynesian and current Wall Street position is that the less workers, the bigger the profit.  They call that productivity, and theoretically, it’s great for stock prices. 

The recent announcement by American Express of 5,400 workers being...