Today at work 21 people recieved their pink slips due to this downturn in the economy.
Fortunately, I was not one of them, at least not this time. This is in addition 19 people laid off earlier this year. Our company is a major employer in the area so the layoff is a large blow to the local econnomy.
I work in the waterworks industry, and as an infrastructure oriented business, we usually are only hit at the end of bad economic times as everyone needs water, right?
This year has seen the company revise its budget 3 times, as sales have been off an average of 30%! They have now gone to revisng the budget quarterly. It was expected that sales would be off as new housing starts are near collapse, but it was felt that infrastructure spending would be stronger than what it actually is.
It seems as though local governments have suspended a lot of the summer time projects that we see at this time. August is generally our strongest month and sales are only at 60% of budget. Other companys in this field are feeling these effects also.
This is some serious doodoo for the waterworks industry. It does not bode well for the american sheeple either. If the locals are not repairing or upgrading their aging water systems, the opportunity for failure of those systems increases and the prospect of neighborhoods and cities without water raises its head.
Now the prepper will have water stored in jugs and barrels, as well as having at least 3 different methods for purifying water available. Water is largely taken for granted in our society, you turn the handle on the spigot and water comes out, right? Except when it doesn't.
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