it seems that many of us independent contractors, sole proprietors will
not too long from now be applying for jobs at the various charities around
the cities & towns across America.

In a TV news report this morning, Thur 5 Feb, it is reported that hundreds of persons were applying for the 2 dozen openings at a St Vincent DePaul Society, wharehouse... at $7.00hr..
I can foresee that jobs & decent wage will get scarcer & scarcer,
where even the WallMarts will be competing with the Goodwills &
St Vincent DePauls for the measley ammount of dollars in circulation

(as the bank/finance firms sit on the trillions of bailout monies handed to them)

When wages, pensions, the number of surviving businesses, employment opportunities are ALL shrinking/contracting... the economy is 'Deflating'

~the economists, analysts, throw out the Deflation & Inflation Labels in a haphazard definition in different ways in reply to whatever condition or situation is on topic.
And they seem to deliberately confuse us at every turn, what's the reason? is it really because 'they' don't use the terms properly...? ~


When Obama says that Top Executives can only be paid $500,000yr,
that is wage contraction - deflation
When USA assembly plants shut down, when banks lay off 10k American workers (but keep the offshore IT foreign workers), when the government
allows a yearly quota of 85,000 temporary work visas for east europeans
to hire on as specialized talent & engineers
& many more as summer-time maids & waitresses....
Americans of every race & ethnicity are bumped out of the opportunity to subsist/survive ->> that, too, is a 'deflationary' state.


When many producers have gone under & there are far fewer producers
able to supply the economy with goods-&-services with any regularity
that too is 'deflation'..
.but the economists tell us that the high prices of the goods-&-services
that the stores/businesses (which have survived the economic downturn)
sell to the public -> the people with spending money -> they tell us
that the high cost is a result of 'Inflation'

Nope, the higher sale price is the result of the cost of producing, delivering, and the demand/supply of the product...
a higher price is because of scarcity brought on by 'deflationary
forces...not 'Inflation' forces.

Deflationary times which we are just beginning (since sep '07)
are the prelude to the hyper-inflation that will follow , from what i read
to occur 2-5 years from now~
~[sarcasm] unless the time-wave-zero speeds everything up
and the 2-5 years becomes 2-5 months !~[/sarcasm]



i hope this fits in the scope of your thread, Thanks

[edit on 5-2-2009 by St Udio]