86 Comments
- ubernoggin, on 04/29/2008, -2/+47Tech companies to rest of economy: "I drink your milkshake!"
/obvious - dtele, on 04/29/2008, -2/+46I purchased a 2000 watt heater last week for $10.
My dinner cost me $30.
Something is very worrying here.... - killbert24, on 04/29/2008, -4/+27The tech sector farts in your general direction.
- masterm1nd, on 04/29/2008, -3/+24You know it is possible to eat for a few bucks and I'm sure you could find a 30 dollar heater...
- Danby123, on 04/29/2008, -4/+19you know you are the true winners here? cats. Because no matter how stupid a picture of them is, or how bad of grammer the captions are, it will always appear on the internet.
- FDDIcent, on 04/29/2008, -4/+18$30 dinner? i just made spaghetti and homemade meatballs for about $7.
- skyshock1, on 04/29/2008, -1/+15That's fine and good and all, but um, with the value of the dollar going down, how come our ***** wages are staying the same?!?
- austin63, on 04/29/2008, -0/+12Well time to sell tech stocks. Articles like this are an easy indicator that a market is about to tumble.
- santaliqueur, on 04/29/2008, -2/+13Graduating at the bottom of your class in engineering is far better than being at the top of a liberal arts class. Your choice of major was your downfall, not the recession.
- mtekk, on 04/29/2008, -4/+14Should have gotten a real degree then.
- benhollister, on 04/29/2008, -0/+9Just wait until the electricity bill on that heater comes in...
- Aslander, on 04/29/2008, -1/+9@greenlight
That's gross considering his mom has been dead for a decade O_o - h0merg0mez, on 04/29/2008, -2/+10Nerds! Nerds! Nerds!
- Scaryclouds, on 04/29/2008, -1/+9@greenlight
It's amazing you haven't died from starvation then. - lemonpies, on 04/29/2008, -3/+11same here, it's cheaper to buy a flatscreen TV than get a weeks shopping these days!
- vroom101, on 04/29/2008, -4/+11Article on one page: http://www.networkworld.com/cgi-bin/mailto/x.cgi?p ...
- santaliqueur, on 04/29/2008, -0/+7But what would he be worried about?
- RedHerringHack, on 04/29/2008, -0/+6I have been programming for money since I was 13, in 1978. First contract was with Boeing, I wrote a dbms for 8 bit zenith systems in basic. Been living high ever since.
- greenlight2001, on 04/29/2008, -0/+6Good luck getting student loans.
- DeadlyCouncil, on 04/29/2008, -3/+9Anyday now, I expect Bush to adress the nation with his worried thoughts about our economy, while also outlining his plan to resuscitate it and bring us out of debt. It will be called Bushonomics.
Oh wait... *****. - mugicha, on 04/29/2008, -6/+11Thank god. I had just graduated from college with a liberal arts degree at the start of the last recession and let me tell you I was completely *****. Despite the fact that I graduated at the top of my class from a prestigious university I couldn't even get an interview let alone a job offer. I had to move back in with my parents and deliver pizza. That's when I decided to reinvent myself as an engineer and although it took me several years to do it, the only thing I regret about it is that I didn't do it sooner.
- GhostyBoy, on 04/29/2008, -0/+5Is this the part where the meek finally inherit the earth?
- crapmatic, on 04/29/2008, -4/+9Dugg for the toilet references in the lead-in, plus using the words "pressure" and "it's very solid". I bet a lot of Diggers are feeling some relief.
- pegisys, on 04/29/2008, -1/+6spaghetti, the noodle of the gods. I can eat for a week with a box of spaghetti, a jar of sauce, and 2 pounds of ground beef.
- nirav72, on 04/29/2008, -0/+5yeah, but there are still plenty of gimmicky "Web 2.0" companies burning money. So they will be a tiny shake out eventually. Or if capital spending drops due to the tight credit market, that might effect some software companies that sell high priced enterprise applications or hardware.
- MrTankJump, on 04/29/2008, -0/+4That's one of the reasons the tech sector isn't in recession. America has that addiction to quick fixes that they think is worth the money they're paying for it. Micro transactions like a song off iTunes or a map-pack from CoD4 that you get instantly seem to make people much more satisfied than laying down some big cash for a new sofa.
- lemonpies, on 04/29/2008, -1/+5cheeky! :D
- stinkypyper, on 04/29/2008, -2/+6The tech sector learned it's lesson the hard way when the dot com bubble burst.
- londubh, on 04/29/2008, -0/+4Uh that doesn't address tech sector workers. And if I recall correctly when the dot com bubble burst a lot of tech workers ended up in unemployment lines. So the tech sector may laugh but the workers won't be.
- inactive, on 04/29/2008, -1/+5That article is *****. If you factor out the currency translation from the earnings of IBM and Google, both companies actually earned LESS this quarter than they did 1 year ago. But since the dollar has collapsed, their foreign branches get to import cheap dollars earned in europe as euros.
But wall street doesn't want to tell you that. - ekravchenko, on 04/29/2008, -1/+5Bushonomics FTW :)
- RuthlessPirate, on 04/29/2008, -2/+6Scholarships + (relatively) cheap public university FTW
- TheImmigrant, on 04/29/2008, -0/+4you speak the truth..
- sfacets, on 04/29/2008, -0/+4Tech is the infrastructure of economy - the bones. Without the flesh, the bones collapse.
- santaliqueur, on 04/29/2008, -3/+6Really? Tell us Mr. Economics Professor, what is going to make Chinese goods increase in price over the next few months, when nothing has changed in years?
Methinks it has more to do with your fantasy doomsday scenario than reality. - cufford, on 04/29/2008, -2/+5A few people are doing well, while everyone else sinks. The way it always works.
- theblacknight, on 04/29/2008, -0/+3Yeah. That spaghetti and meatballs used to cost $4.
- justz00t, on 04/29/2008, -0/+3Fetchez la vache!
- masterm1nd, on 04/29/2008, -0/+3I'm pretty sure you don't actually eat just spaghetti for a week but if you did it would be kind of unhealthy.
- rebrad, on 04/29/2008, -0/+3As the cost of rice rises Mr. Sanitation Engineer, the price of labor goes up. Methinks that some people can't see change when it bites them on the ass but I guess things stay the same in Mom's basement.
- researcher1941, on 04/29/2008, -0/+3more like Reagan economics that sold Americans on the trickle down theory and free trade and deregulation. pure genius. Reagan hated the middle class as they were a bottle neck to the have mores lining their deep pockets.
there is a sucker born every minute in this case there were 270 million of them. well at least half that many as Reagan did not get all the votes. the genius of Reagan was that his economic policies are still alive today with both the demos and the repubs.
pure genius and it only took a second rate actor to pull this over on Americans. talk to the average voter on the street they care more about if obama wears his flag pin than they are working at wal mart as a greeter. sad time in America. - bunki8, on 04/29/2008, -0/+3Not to be a downer, but I think it's kind of early to be celebrating two quarters of performance and saying it means the tech sector laughs in the direction of finance...
- ekravchenko, on 04/29/2008, -0/+3Well you obviously didn't eat at McDonald's...
- tmcdigg, on 04/30/2008, -0/+2Well, if there is a tech stock crash.. these are the companies I want to get pummeled:
1. Apple
2. Sony (god damned blue ray scam artists, also ps3)
3. Amd (well, they're doing it all by themselves.. but I'll add it for good measure just incase)
4. Intel (just.. because)
5. Microsoft (they've had this coming for some time now)
6. Cisco (can somebody kill off this company already) / Linksys
7. Samsung (because the S. Korea economy is doing well despite the overall downturn in the world economy)
8. Motorola (because cable companies still want them to make stuff even though they have no more talent for doing such)
9. AT&T (uverse, iphone, need I say more)
10. Sprint (see #3). - talonstriker, on 04/29/2008, -0/+2As a college sophomore, I hope the tech sector stays strong for at least the next 3 years. Or I'll have to end up going to grad school after I graduate.
- iiBeLiEvE, on 04/29/2008, -1/+3Poor Motorola.
- MrTankJump, on 04/29/2008, -1/+3McDonald's is a horrible place to eat. Now not only does their food taste like the ball-sweat of a fully grown silver back gorilla, but it makes you feel like a gorilla just made you lick his balls.
- freddc, on 04/29/2008, -0/+2The part that that the heater is a hazard due to cost-cutting measures in construction(even if instructions are followed to the letter)?
- nekama, on 05/08/2008, -0/+2...for values outside the US.
- supermansuper, on 04/29/2008, -0/+2Comment abuse:
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