Truly Bad News

There is no shortage of bad news, but this is one of the worst things I have read in a while. Not only is unemployment high, but now companies are cutting workers pay. Some people worry about inflation, but deflation is even scarier.

The headline is: More Workers Face Pay Cuts, Not Furloughs

 http://www.nytimes.com/2010/08/04/business/economy/04paycuts.html?_r=1&hpw

Author: Mike

I am a patent attorney in Lexington, Kentucky. My law firm web site is http://www.coblenzlaw.com. I ran for State Representative in 2010 and lost in the primary. Many of these posts are based on writing that I did for that election. Rather than delete it all, I decided to dump it onto the internet.

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