Comments about ‘Overstock lays off 50 workers’

Good growth processes in action. Losing 50 jobs means the company will increase profits by at least $1.3 million dollars which is good economic growth, for a business. That's how the economy and growth is being measured, business profits. On the other hand, the one fact government deny's as relevant, losing 50 primary jobs affects 350 other jobs (7:1 economic ratio).

In a way it is growth because the $1.3 million loss in wages now becomes taxable incomes for the business owners. Fair and reasonable assumption for a growing economy don't you think? At least for the only year this income profit will be realized.

I'd be curious to see how the long term state of the economy would compare on a car oscilloscope. Every time a piston fires there is a huge blip from zero volts to 40k volts 8X per/rev, the economy is based on the 40kv peaks. You can't create and average of 2 numbers (0 & 40), but some how government are gods and can work it out to improve things.

I think the governor can be proud or Utah's rolled back economic prosperity to 1930's.