Comments on: Is the recession good for poor people who still have jobs, but bad for others who have lost their jobs? http://www.investors-daily.net/finance/is-the-recession-good-for-poor-people-who-still-have-jobs-but-bad-for-others-who-have-lost-their-jobs Financial Updates Tue, 22 May 2012 00:19:46 +0000 http://wordpress.org/?v=2.2.1 By: Edward G http://www.investors-daily.net/finance/is-the-recession-good-for-poor-people-who-still-have-jobs-but-bad-for-others-who-have-lost-their-jobs#comment-1247 Edward G Thu, 01 Oct 2009 08:57:28 +0000 http://www.investors-daily.net/finance/is-the-recession-good-for-poor-people-who-still-have-jobs-but-bad-for-others-who-have-lost-their-jobs#comment-1247 True, I think, as a snapshot at a given point of time. But lower prices hurt the businesses that furnish the goods and services, putting them at risk of going out of business or not making a profit. The result of either of these consequences is to put the jobs of their employees at risk and increasing the probability that they will be put out of work or have their wages reduced. True, I think, as a snapshot at a given point of time.

But lower prices hurt the businesses that furnish the goods and services, putting them at risk of going out of business or not making a profit. The result of either of these consequences is to put the jobs of their employees at risk and increasing the probability that they will be put out of work or have their wages reduced.

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