Quote:
Originally Posted by Munchkin03
Again, who said that they couldn't eat? Giuliani said "less spending in restaurants, less shopping at department stores." These people are still making good money, and they're still shopping. They just wouldn't buy AS much as they would under normal circumstances.
The folks in finance that I know here all live within their means. The bonuses just allow them to inject even more money into the economy once a year or so.
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Well most people are spending less, but they don't get a yearly bonus. Why should it be different for these people, especially when the head honchos asked for money to keep them afloat?
The way I read it, it sounded as if Guiliani meant to say it as a do-or-die scenario. That if these people don't get their bonuses the economy is gonna go down even more, and that unemployment is gonna skyrocket.