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Wednesday, August 25, 2010

Economic Woes - Can Managed Print Services Save the World? - Get Your Cape, We Got Work to Do.



DOTC, 2010

The recovery is losing steam, fast By Neil Irwin

Another day, another lousy piece of economic data. The 27.2 percent fall in existing home sales in July was far below analysts' official expectations (though in line with some of the whisper numbers that close watchers of housing data were expecting)...MORE 
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Intel CEO: U.S. faces looming tech decline by Declan McCullagh Intel chief executive Paul Otellini offered a depressing set of observations about the economy and the Obama administration Monday evening, coupled with a dark commentary on the future of the technology industry if nothing changes. Otellini's remarks during dinner at the Technology Policy Institute's Aspen Forum here amounted to a warning to the administration officials and assorted Capitol Hill aides in the audience: Unless government policies are altered, he predicted, "the next big thing will not be invented here. Jobs will not be created here." - MORE

  Economy Caught in Depression, Not Recession: Rosenberg By: Jeff Cox CNBC.com Staff Writer Positive gross domestic product readings and other mildly hopeful signs are masking an ugly truth: The US economy is in a 1930s-style Depression, Gluskin Sheff economist David Rosenberg said Tuesday. Writing in his daily briefing to investors, Rosenberg said the Great Depression also had its high points, with a series of positive GDP reports and sharp stock market gains. But then as now, those signs of recovery were unsustainable and only provided a false sense of stability, said Rosenberg. - MORE - 

Dow Faces Bouncy Ride to 5,000: Strategist The Dow Jones Industrial Average will lose about half of its value over the next couple of years as it follows a Nikkei-like pattern of several sharp rallies in an overall decline, according to Charles Nenner, founder and president of Charles Nenner research. Stocks are currently in a bear-market rally and looking at charts and past trends, unemployment, and leading indicators suggest the Dow will drop to 5,000 in the next two to two-and-a-half years, Nenner told CNBC in an e-mail. - MORE - 

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 DOTC - So What? MPS is about cost containment, management, and reduction. This is obtained by decreasing the number of machines and volumes(hard costs) and optimizing existing business processes as well as designing and implementing new business processes. This stuff can help save jobs. Get on it. It's a Double Dip Recession, Which is really a Depression - Are You Ready To Make an MPS Stand?

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