http://pixelcarve.com/blog/general/2010/02/23/will-luxury-spending-save-the-economy/ What's Happening at Pixelcarve Sat, 26 Feb 2011 15:18:59 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://pixelcarve.com/blog/general/2010/02/23/will-luxury-spending-save-the-economy/comment-page-1/#comment-146 Jennifer Tue, 23 Feb 2010 21:42:54 +0000 http://pixelcarve.com/blog/?p=490#comment-146 I am totally in the belief that a market correction was required to "remove the pretenders and reinforce the authentic". For a couple of years prior to this recession, I had been of the belief that we needed a market correction. The sooner the better, as a delayed correction would result in a larger and more detrimental downturn. We are seeing, in Alberta, that not only are weak companies disappearing, but that companies are getting rid of the week "filler" employees that were used to just get a warm body to perform a task. "Filler" employees that resulted in poor customer service. This economic correction really needed to happen to help ALL companies perform to higher levels for all level of customers. This includes the "no-name" to luxury brands. I am totally in the belief that a market correction was required to “remove the pretenders and reinforce the authentic”. For a couple of years prior to this recession, I had been of the belief that we needed a market correction. The sooner the better, as a delayed correction would result in a larger and more detrimental downturn.
We are seeing, in Alberta, that not only are weak companies disappearing, but that companies are getting rid of the week “filler” employees that were used to just get a warm body to perform a task. “Filler” employees that resulted in poor customer service.
This economic correction really needed to happen to help ALL companies perform to higher levels for all level of customers. This includes the “no-name” to luxury brands.

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