When I was growing up, a “layoff” was something that happened while a factory closed temporarily in order to allow surplus inventory to be sold. Then workers came back to work. Why can’t corporations just admit it–they’re firing people?
Unconditional Begging
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I’m confused. First the banks and other companies requesting government bailouts claimed they would go under if they didn’t get them. Now they’re offering to return the money because the conditions are too onerous. So they didn’t really need the money in the first place, right? Or am I missing something?