D G Wrote:
Nov 19, 2012 11:55 AM
Here is some basic knowledge, but don't expect any Lib Trolls to figure this out. Companies prepare budgets in the final quarter of each year for the next year. We are now in the 4th quarter of 2012, and companies are preparing budgets for 2013. (Congress should follow the example, but that is another situation.) Companies must always make assumptions about the economy and about government policies while preparing the budget. Presently, it is challenging to make assumptions regarding such things. What will the corporate budget analysts assume regarding the 2013 economy and government policies? ..... The answer is they will assume the worst case, and plan accordingly. .... The worst case scenario is dismal for 2013.