Originally Posted by
Elliot
Really? "Then....boom!"?
You mean like,
1) 9/11 terrorist attacks,
2) Bankruptcy, (twice with US Air)
3) Oil prices/massive RJ expansion,
4) SARS/Bird Flu,
5) Age 65 rule,
6) etc. (I'm sure I'm missing a few...)
What reminds you of "that era" again? GMAFB
All these things happened after the hiring wave. The key difference like others said is the mass amount of retirements looming that should make switching less of a gamble. No-one predicted all those things to happen, but they did. Just like no-one knows what will happen 5 years down the road from now.