PepsiCo (PBNA) Laid off 9 drivers

And the band played on,,,if PepsiCo, who is HUGE, and not just in sody pop, lays people off, we're in worse shape than we think. I read, Master Lock, been in business like 150 years, recently closed too. Aye Carumba!

 

They're also Frito Lay......not a good look

 

Believe it or not the economy is circling the drain.
Some areas of the country are worse than others with more layoffs coming our way.
High energy prices have cut into everyone's spending money.
Master lock was bought out and moved their operations.

 

@WhiteBoyRick - I thought you were in prison in Michigan!

 

Everybody is buying cheap Chinese products and Americans are losing jobs very rapidly. The liars in the media are trying to paint a picture of an economic boom but if you listen to the people that are losing their jobs on a daily basis you will quickly realize that we are sinking like the Titanic on it's maiden voyage. There are people all over this country that are getting notifications of layoff on pretty much a daily basis. It's about like the 70's at this point. If interest rates continue to climb to combat inflation, it's going to get down right ugly fast. For those who weren't around, at the end of the 70's, mortgage rates jumped to 18 to 21 percent for those with great credit references.

 

Yep, and automobile manufacturing gradually moving to Mexico.

 

I read, some Mexicans are crossing the river BACK to Mexico,, and auto biz in Mexico is nothing new. When Chrysler left Kenosha,( 2005?) they begged the union to reconsider. At the time, the only thing left being produced was the 4.0 in line 6 motor. I actually hauled some of the last motors to come out of Kenosha bound for overseas. The union stood fast, with the $35/hr WITH benefits, when the Mexico plant was doing the same thing for $7.50/hr. and probably no benefits. Doesn't take Warren Buffet to figure that one out.