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	<title>Comments on: 5 reasons top performers will leave when the economy rebounds</title>
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	<description>Headlines and advice for the practicing recruiter</description>
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		<title>By: T. Hempstead</title>
		<link>http://www.hrrecruitingalert.com/5-reasons-top-performers-will-leave-when-the-economy-rebounds/comment-page-1/#comment-16847</link>
		<dc:creator>T. Hempstead</dc:creator>
		<pubDate>Fri, 16 Oct 2009 18:03:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.hrrecruitingalert.com/?p=2343#comment-16847</guid>
		<description>Speculation regarding a resume tsunami or mass exodus of talent has been circulating for the past couple of months.  If you look at the numbers from previous economic downturns, the loss of talent is significant. 

Many organizations say they are proactive, but are really reactive.  For many, the impact of a mass loss of talent will not become a reality until they start to feel the sting from high turnover. 

Now is the time to reengage employees, target talent, revise succession plans, and create or revamp career progression plans for every employee.  At this juncture, communication is pivotal to organizational success and the retention of talented employees.</description>
		<content:encoded><![CDATA[<p>Speculation regarding a resume tsunami or mass exodus of talent has been circulating for the past couple of months.  If you look at the numbers from previous economic downturns, the loss of talent is significant. </p>
<p>Many organizations say they are proactive, but are really reactive.  For many, the impact of a mass loss of talent will not become a reality until they start to feel the sting from high turnover. </p>
<p>Now is the time to reengage employees, target talent, revise succession plans, and create or revamp career progression plans for every employee.  At this juncture, communication is pivotal to organizational success and the retention of talented employees.</p>
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		<title>By: Jo</title>
		<link>http://www.hrrecruitingalert.com/5-reasons-top-performers-will-leave-when-the-economy-rebounds/comment-page-1/#comment-16734</link>
		<dc:creator>Jo</dc:creator>
		<pubDate>Wed, 14 Oct 2009 14:01:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.hrrecruitingalert.com/?p=2343#comment-16734</guid>
		<description>Economy has tanked, no overtime, no salaried workers -- everyone changed to hourly (no PTO left, lost time deducted weekly), hiring freeze -- more work / responsibility, minimum raises last year with small, token bonuses EXCEPT for the attorneys who received large bonuses, pay raises, and take extravagant and frequent vacations -- yes, most here are looking.</description>
		<content:encoded><![CDATA[<p>Economy has tanked, no overtime, no salaried workers &#8212; everyone changed to hourly (no PTO left, lost time deducted weekly), hiring freeze &#8212; more work / responsibility, minimum raises last year with small, token bonuses EXCEPT for the attorneys who received large bonuses, pay raises, and take extravagant and frequent vacations &#8212; yes, most here are looking.</p>
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		<title>By: Lisa M.</title>
		<link>http://www.hrrecruitingalert.com/5-reasons-top-performers-will-leave-when-the-economy-rebounds/comment-page-1/#comment-16262</link>
		<dc:creator>Lisa M.</dc:creator>
		<pubDate>Mon, 05 Oct 2009 19:10:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.hrrecruitingalert.com/?p=2343#comment-16262</guid>
		<description>I work for a small but special company with about 70 employees.  I am the HR department and take employee morale very seriously.  Our company has general meetings every quarter and weekly department meetings.  There are smaller “breakout” meetings that happen daily when a special project is in the works for that specific department.  

Employees are told just where the company stands financially and future expectations in the current economic storm.  We’re pretty open about it and even took a survey to let the employees weigh in on things such as ways to cut dollars-per-man-hour and overhead.  Having the employees as part of the decision making process for cutting costs means that they are already buying in to the plan before we start it.  We asked our employees to help cut overhead and needless spending now so we can have our bonuses - not to mention our jobs - at the end of the year.

Our employees ARE our company and because they KNOW that, they’re confident that any cost cutting measures we do now will lead to more opportunities for growth later; for them personally and for the company as a whole.  A word of caution for others who attempt this practice:  MEAN WHAT YOU SAY.  If the employees jump through the hoops, cut back and work harder to save the company money, the company had better make good on the promises.  Failure to do so could lead to defection, disconnection or worse; the disgruntled employee.

Employees who feel they are an integral part of the company, not just another drone, are less likely to abandon ship when the seas get a little rough.  There will always be the transient employees who seem to appear, do fine but change careers often, not specifically for money but because they’re searching for something they cannot find in their current career. Even perfect fitting shoes can wear out or go out of style … we can’t just give up wearing shoes.

Honesty is still the best policy for any company who wants to keep good employees.</description>
		<content:encoded><![CDATA[<p>I work for a small but special company with about 70 employees.  I am the HR department and take employee morale very seriously.  Our company has general meetings every quarter and weekly department meetings.  There are smaller “breakout” meetings that happen daily when a special project is in the works for that specific department.  </p>
<p>Employees are told just where the company stands financially and future expectations in the current economic storm.  We’re pretty open about it and even took a survey to let the employees weigh in on things such as ways to cut dollars-per-man-hour and overhead.  Having the employees as part of the decision making process for cutting costs means that they are already buying in to the plan before we start it.  We asked our employees to help cut overhead and needless spending now so we can have our bonuses &#8211; not to mention our jobs &#8211; at the end of the year.</p>
<p>Our employees ARE our company and because they KNOW that, they’re confident that any cost cutting measures we do now will lead to more opportunities for growth later; for them personally and for the company as a whole.  A word of caution for others who attempt this practice:  MEAN WHAT YOU SAY.  If the employees jump through the hoops, cut back and work harder to save the company money, the company had better make good on the promises.  Failure to do so could lead to defection, disconnection or worse; the disgruntled employee.</p>
<p>Employees who feel they are an integral part of the company, not just another drone, are less likely to abandon ship when the seas get a little rough.  There will always be the transient employees who seem to appear, do fine but change careers often, not specifically for money but because they’re searching for something they cannot find in their current career. Even perfect fitting shoes can wear out or go out of style … we can’t just give up wearing shoes.</p>
<p>Honesty is still the best policy for any company who wants to keep good employees.</p>
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		<title>By: Jay Forte</title>
		<link>http://www.hrrecruitingalert.com/5-reasons-top-performers-will-leave-when-the-economy-rebounds/comment-page-1/#comment-16257</link>
		<dc:creator>Jay Forte</dc:creator>
		<pubDate>Mon, 05 Oct 2009 17:36:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.hrrecruitingalert.com/?p=2343#comment-16257</guid>
		<description>DDI just completed some research that supports this perspective and summarizes it in a article titled something like &quot;employees in the &#039;no&#039;&quot; - where the no refers to no raises, no incentives, no education...
Its point was that there is an attitude of stagnation because employees don&#039;t see future, excitement, change or opportunity. And unless organizations take control of the situation and better engage their employees, then the word from employees is they are out of here when things get better. 

Organizations have many things they can do from including employees in challenges to solve problems, to job sculpting their roles to reenergize employees, to developing low cost rewards for great performance. When things get tough, organizations need to step up and be tougher. Employees want and need organizations to lose the doom and gloom and find the opportunities - and include the employees in the process.

To me, this is today&#039;s manager&#039;s role. Step up and pull it together, or the good ones will leave.</description>
		<content:encoded><![CDATA[<p>DDI just completed some research that supports this perspective and summarizes it in a article titled something like &#8220;employees in the &#8216;no&#8217;&#8221; &#8211; where the no refers to no raises, no incentives, no education&#8230;<br />
Its point was that there is an attitude of stagnation because employees don&#8217;t see future, excitement, change or opportunity. And unless organizations take control of the situation and better engage their employees, then the word from employees is they are out of here when things get better. </p>
<p>Organizations have many things they can do from including employees in challenges to solve problems, to job sculpting their roles to reenergize employees, to developing low cost rewards for great performance. When things get tough, organizations need to step up and be tougher. Employees want and need organizations to lose the doom and gloom and find the opportunities &#8211; and include the employees in the process.</p>
<p>To me, this is today&#8217;s manager&#8217;s role. Step up and pull it together, or the good ones will leave.</p>
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		<title>By: BB</title>
		<link>http://www.hrrecruitingalert.com/5-reasons-top-performers-will-leave-when-the-economy-rebounds/comment-page-1/#comment-16242</link>
		<dc:creator>BB</dc:creator>
		<pubDate>Mon, 05 Oct 2009 13:49:26 +0000</pubDate>
		<guid isPermaLink="false">http://www.hrrecruitingalert.com/?p=2343#comment-16242</guid>
		<description>Hi G.S.,
Where can we send our resumes?
I work hard to complete my work without using OT (as requested); and yes we have all had extra duties thrown on us, but I just cannot get the monkey off my back - the one from the boss&#039;s own mouth that said &quot;Business is down and I am carrying everyone of you!&quot;  
What kind of way is that to talk to hard working employees? In my opinion, we are carrying HIS company, not vice-versa!
So, yes I expect this company will lose a lot of valuable people.</description>
		<content:encoded><![CDATA[<p>Hi G.S.,<br />
Where can we send our resumes?<br />
I work hard to complete my work without using OT (as requested); and yes we have all had extra duties thrown on us, but I just cannot get the monkey off my back &#8211; the one from the boss&#8217;s own mouth that said &#8220;Business is down and I am carrying everyone of you!&#8221;<br />
What kind of way is that to talk to hard working employees? In my opinion, we are carrying HIS company, not vice-versa!<br />
So, yes I expect this company will lose a lot of valuable people.</p>
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		<title>By: Rice</title>
		<link>http://www.hrrecruitingalert.com/5-reasons-top-performers-will-leave-when-the-economy-rebounds/comment-page-1/#comment-16241</link>
		<dc:creator>Rice</dc:creator>
		<pubDate>Mon, 05 Oct 2009 13:45:37 +0000</pubDate>
		<guid isPermaLink="false">http://www.hrrecruitingalert.com/?p=2343#comment-16241</guid>
		<description>Hi everyone!

I agree that employees need honest, open communication.  So when managers treat the entire group with the same repor, it becomes obvious that your hard work, long hours and dedication is going unnoticed.

I wouldn&#039;t say that management is focusing on negatives — what I can say is that they are not rocking the boat, since their retirement is in around 6 months.

At times I feel like I am throwing myself at management just to stay in the loop.  All I really want is to know what’s going on and learn .  I agree that  Managers should involve employees in some of the decision making about cost-cutting measures, that is an area that is hush-hush around here. 
Three of the good things we have is continued education and training has not been cut, we  get to have a flexible schedule and no sign of layoffs.
I am counting my lucky stars right now, but that doesn&#039;t keep me from feeling unfullfilled.  :-l</description>
		<content:encoded><![CDATA[<p>Hi everyone!</p>
<p>I agree that employees need honest, open communication.  So when managers treat the entire group with the same repor, it becomes obvious that your hard work, long hours and dedication is going unnoticed.</p>
<p>I wouldn&#8217;t say that management is focusing on negatives — what I can say is that they are not rocking the boat, since their retirement is in around 6 months.</p>
<p>At times I feel like I am throwing myself at management just to stay in the loop.  All I really want is to know what’s going on and learn .  I agree that  Managers should involve employees in some of the decision making about cost-cutting measures, that is an area that is hush-hush around here.<br />
Three of the good things we have is continued education and training has not been cut, we  get to have a flexible schedule and no sign of layoffs.<br />
I am counting my lucky stars right now, but that doesn&#8217;t keep me from feeling unfullfilled.  :-l</p>
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		<title>By: Jay Forte</title>
		<link>http://www.hrrecruitingalert.com/5-reasons-top-performers-will-leave-when-the-economy-rebounds/comment-page-1/#comment-16220</link>
		<dc:creator>Jay Forte</dc:creator>
		<pubDate>Sun, 04 Oct 2009 23:22:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.hrrecruitingalert.com/?p=2343#comment-16220</guid>
		<description>Just published my own article with a similar topic - not to be negative but to remind managers not to be cavalier or insensitive about employees when the workplace more favors employers than employees. Employees need to be fired up to perform in any economy and great managers must care deeply about their people in any economy. When numbers matter more then people, behaviors seem to change. Numbers through people instead of numbers or people.

Here are my five:
1.	You constantly told them they were lucky to have a job and made them feel desperate and not in control of their lives. You constantly reminded them of the number of out of work employees and how tough their situations are. Remind them they have no control and that they are lucky to be working and your employees will leave you.
2.	You added more work to each role because some roles were eliminated. Instead of being fair about the workload with changes to compensation, time off or a promise to make things right in a better economy, you took advantage of the situation and forced the extra work on your staff (and reminded them they were lucky to have the job). Not only does this overwork your employees, but it interrupts the critical work/life balance needed to allow employees to feel successful both at work and at home. Make the workload unfair without any attempt to balance it and your employees will leave you. 
3.	You told your employees how things were going to be instead of presenting the tough situations and asking for their input to solve them. Employees were excluded from difficult news, or given difficult news with little time to react or respond. Successful organizations are based on open, honest and timely communication with employees; not only does this keep them informed and aware, it sets them up to participate in the challenges and opportunities of the organization. Keep them in the dark and refuse to allow for discussion and your employees will leave you. 
4.	You became more focused on results at the expense of the rapport and relationships you had with your people. Employees require constant contact; they require a real relationship with their managers. Managers who spend time away from their people disconnect from their people. Make your employees feel like a cog or a disposable part of the process and they will leave you.
5.	You became so aware of the down times that you forgot to celebrate and make some “up times.” All employees know how critical the workplace and economy had become; it is everywhere in the news. Organizations that did nothing but worry, fret and disconnect, missed an opportunity to show their employees the best opportunities in any economy happen when the outlook is optimistic. Optimism is a choice. Organizations that find ways to be upbeat about things worth celebrating create higher performing and engaging workplaces. They weather the challenges better, becoming more successful for their approach. Make your workplace dismal and a downer and your people will leave you.

Great managers always value their employees and find ways to help them feel important even in tough times.</description>
		<content:encoded><![CDATA[<p>Just published my own article with a similar topic &#8211; not to be negative but to remind managers not to be cavalier or insensitive about employees when the workplace more favors employers than employees. Employees need to be fired up to perform in any economy and great managers must care deeply about their people in any economy. When numbers matter more then people, behaviors seem to change. Numbers through people instead of numbers or people.</p>
<p>Here are my five:<br />
1.	You constantly told them they were lucky to have a job and made them feel desperate and not in control of their lives. You constantly reminded them of the number of out of work employees and how tough their situations are. Remind them they have no control and that they are lucky to be working and your employees will leave you.<br />
2.	You added more work to each role because some roles were eliminated. Instead of being fair about the workload with changes to compensation, time off or a promise to make things right in a better economy, you took advantage of the situation and forced the extra work on your staff (and reminded them they were lucky to have the job). Not only does this overwork your employees, but it interrupts the critical work/life balance needed to allow employees to feel successful both at work and at home. Make the workload unfair without any attempt to balance it and your employees will leave you.<br />
3.	You told your employees how things were going to be instead of presenting the tough situations and asking for their input to solve them. Employees were excluded from difficult news, or given difficult news with little time to react or respond. Successful organizations are based on open, honest and timely communication with employees; not only does this keep them informed and aware, it sets them up to participate in the challenges and opportunities of the organization. Keep them in the dark and refuse to allow for discussion and your employees will leave you.<br />
4.	You became more focused on results at the expense of the rapport and relationships you had with your people. Employees require constant contact; they require a real relationship with their managers. Managers who spend time away from their people disconnect from their people. Make your employees feel like a cog or a disposable part of the process and they will leave you.<br />
5.	You became so aware of the down times that you forgot to celebrate and make some “up times.” All employees know how critical the workplace and economy had become; it is everywhere in the news. Organizations that did nothing but worry, fret and disconnect, missed an opportunity to show their employees the best opportunities in any economy happen when the outlook is optimistic. Optimism is a choice. Organizations that find ways to be upbeat about things worth celebrating create higher performing and engaging workplaces. They weather the challenges better, becoming more successful for their approach. Make your workplace dismal and a downer and your people will leave you.</p>
<p>Great managers always value their employees and find ways to help them feel important even in tough times.</p>
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		<title>By: James Gregware</title>
		<link>http://www.hrrecruitingalert.com/5-reasons-top-performers-will-leave-when-the-economy-rebounds/comment-page-1/#comment-16156</link>
		<dc:creator>James Gregware</dc:creator>
		<pubDate>Sat, 03 Oct 2009 13:55:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.hrrecruitingalert.com/?p=2343#comment-16156</guid>
		<description>There certainly are several schools of thought on this. I find it interesting how some companies try to invoke a ‘we are all in this together’ mentality but certainly didn’t have that ideology when times were better. 
It will always come down to whatever level of job satisfaction there is for the employee versus the potential ‘greener pastures’ of something new. I do think this economy has forced many into accepting jobs and/or remuneration which previously they would not have. Accordingly, if money is that employee’s hot button, they are not likely to be satisfied until they are making what they feel they are worth. I run a national online resume company (ProRezOnline.com) and talk with several hundred professionals a week and the resounding sentiment is the same – ‘I’ll take what I have to now and prove myself. If in 6 months I am not properly compensated, I will be working just as hard at finding a company that wants to pay me what I’m worth.’ I think companies which acknowledge that stand a much better chance of retaining key people by developing a working dialogue and a providing a financial commitment to those employees. Companies which take advantage by hiring strong talent at a low ball price will see how wrong this philosophy is when the employee jumps ship and goes to a competitor – taking his/her new found information and their strong performers along as well.</description>
		<content:encoded><![CDATA[<p>There certainly are several schools of thought on this. I find it interesting how some companies try to invoke a ‘we are all in this together’ mentality but certainly didn’t have that ideology when times were better.<br />
It will always come down to whatever level of job satisfaction there is for the employee versus the potential ‘greener pastures’ of something new. I do think this economy has forced many into accepting jobs and/or remuneration which previously they would not have. Accordingly, if money is that employee’s hot button, they are not likely to be satisfied until they are making what they feel they are worth. I run a national online resume company (ProRezOnline.com) and talk with several hundred professionals a week and the resounding sentiment is the same – ‘I’ll take what I have to now and prove myself. If in 6 months I am not properly compensated, I will be working just as hard at finding a company that wants to pay me what I’m worth.’ I think companies which acknowledge that stand a much better chance of retaining key people by developing a working dialogue and a providing a financial commitment to those employees. Companies which take advantage by hiring strong talent at a low ball price will see how wrong this philosophy is when the employee jumps ship and goes to a competitor – taking his/her new found information and their strong performers along as well.</p>
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		<title>By: Balachandran Nair</title>
		<link>http://www.hrrecruitingalert.com/5-reasons-top-performers-will-leave-when-the-economy-rebounds/comment-page-1/#comment-16140</link>
		<dc:creator>Balachandran Nair</dc:creator>
		<pubDate>Sat, 03 Oct 2009 03:01:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.hrrecruitingalert.com/?p=2343#comment-16140</guid>
		<description>I work as HR Head for a multinational manufacturing plant in Malaysia. From my past experience of 25 years in the field of HR, I can vouch that key personnel will move even in bad times because they are good at what they do. Thus, it will be not an easy task to retain people who are always on the lookout for better pay/perks etc. no matter during the boom or doom. It is not easy as well to just keep increasing people&#039;s pay and perks when the company is struggling to keep afloat. We have to worry about the sakeholders too. We did not and have not so far retrenched anyone or reduced salaries and perks but we have cut all business trips (and now we know that some of those trips are not neccesaryat all with the advent of internet and teleconferencing; and that in itself, from my cultural perspective, is admirable.

Secondly, my personal believe is that all processes and systems must be documented via a Standard Operating Procedure (SOP) and in that way at least some of the major issues will not be effected too badly if any key personnel leaves. I find that many organisations do not insist on the creation of the SOP for all processes and they are caught with their pants down when a key personnel threatens to leave or actually leave the organisation. Sometimes the key personnel just threatens to obtain higher perks and salaries. Organisations, in my personal opinion, must not regards anyone as indispensable. What happens if a key personnel dies? Are alternatives in place? What about succession planning and execution?

The foregoing is my personal views ; views of a HR person from a developing nation.

Thank you and kind regards.

Balachandran Nair
Malaysia</description>
		<content:encoded><![CDATA[<p>I work as HR Head for a multinational manufacturing plant in Malaysia. From my past experience of 25 years in the field of HR, I can vouch that key personnel will move even in bad times because they are good at what they do. Thus, it will be not an easy task to retain people who are always on the lookout for better pay/perks etc. no matter during the boom or doom. It is not easy as well to just keep increasing people&#8217;s pay and perks when the company is struggling to keep afloat. We have to worry about the sakeholders too. We did not and have not so far retrenched anyone or reduced salaries and perks but we have cut all business trips (and now we know that some of those trips are not neccesaryat all with the advent of internet and teleconferencing; and that in itself, from my cultural perspective, is admirable.</p>
<p>Secondly, my personal believe is that all processes and systems must be documented via a Standard Operating Procedure (SOP) and in that way at least some of the major issues will not be effected too badly if any key personnel leaves. I find that many organisations do not insist on the creation of the SOP for all processes and they are caught with their pants down when a key personnel threatens to leave or actually leave the organisation. Sometimes the key personnel just threatens to obtain higher perks and salaries. Organisations, in my personal opinion, must not regards anyone as indispensable. What happens if a key personnel dies? Are alternatives in place? What about succession planning and execution?</p>
<p>The foregoing is my personal views ; views of a HR person from a developing nation.</p>
<p>Thank you and kind regards.</p>
<p>Balachandran Nair<br />
Malaysia</p>
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		<title>By: Richard</title>
		<link>http://www.hrrecruitingalert.com/5-reasons-top-performers-will-leave-when-the-economy-rebounds/comment-page-1/#comment-16127</link>
		<dc:creator>Richard</dc:creator>
		<pubDate>Fri, 02 Oct 2009 21:29:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.hrrecruitingalert.com/?p=2343#comment-16127</guid>
		<description>@RR

First, I am not a Bush fan. Second, the current state of the economy is mostly due to those in Congress during Clinton&#039;s term that pushed for giving loans to people who could not afford them. You can thank Frank for most of it. Now he wants to bail out those in foreclosure, which is simply doing the same thing all over. 

http://www.youtube.com/watch?v=Lr1M1T2Y314
http://www.youtube.com/watch?v=ahtuNt3AKCg

Third, The huge bail outs are both Bush and Obama. However, Obama has taken that even further and has us in such debt, that we will not see ourselves out of it in our lifetime I fear. 

Honestly, this is about the current topic and how premature this topic is. Jobs coming back? Can we at least stop losing jobs before we talk about a come back.</description>
		<content:encoded><![CDATA[<p>@RR</p>
<p>First, I am not a Bush fan. Second, the current state of the economy is mostly due to those in Congress during Clinton&#8217;s term that pushed for giving loans to people who could not afford them. You can thank Frank for most of it. Now he wants to bail out those in foreclosure, which is simply doing the same thing all over. </p>
<p><a href="http://www.youtube.com/watch?v=Lr1M1T2Y314" rel="nofollow">http://www.youtube.com/watch?v=Lr1M1T2Y314</a><br />
<a href="http://www.youtube.com/watch?v=ahtuNt3AKCg" rel="nofollow">http://www.youtube.com/watch?v=ahtuNt3AKCg</a></p>
<p>Third, The huge bail outs are both Bush and Obama. However, Obama has taken that even further and has us in such debt, that we will not see ourselves out of it in our lifetime I fear. </p>
<p>Honestly, this is about the current topic and how premature this topic is. Jobs coming back? Can we at least stop losing jobs before we talk about a come back.</p>
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