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发帖数: 29846 | 1 Furniture Company Praised By Obama as Sign of So-Called Recovery Shuts Down
by Jammie
As Obama luxuriates on his $20 million vacation, yet another company he
doomed to failure has shut its doors.
Lincolnton Furniture Company closed abruptly Thursday just one year
after it was hailed by President Barack Obama as an example of the
recovering U.S. economy.
Furniture-making operations stopped indefinitely and only a few people
will remain employed moving forward, company financial officer Ben Causey
said.
“I don’t know where it’s going to go exactly; we’re still evaluating
our situation,” Causey said. “We just didn’t have any choice at this
point.”
The company was not receiving the orders it needed to sustain its
operations, Causey said.
“We needed more orders is really what it boiled down to,” he said. “
We thought they would materialize.”
Hard to believe in such a robust economy more orders didn’t materialize.
Well, at least on the upside the former employees won’t be scratching their
heads wondering why their paychecks are lower today. They’ve got that
going for them. |
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