Quote:
Originally Posted by Hot_Flatus
That's just fear mongering. Healthy corporations with legitimate cash flow are never going this route due to a modest increase in rates.
It's just as likely there is a rate decrease by the end of Q1 or into Q2 next year and would be incredibly short sighted to conduct mass layoffs over a few months of slightly higher debt load that any half decent accounting team can easily work with.
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The USA continues to have a massive labour shortage. It's one of the main factors driving inflation. On top of that many major corporations in the USA posted record profits last year.
Mass layoffs would require a massive shift in the state of the economy.