On Sun, 30 May 2010 15:16:32 -0700, Darren New wrote:

> Jim Henderson wrote:
>> Doesn't make sense, no, but there it is...
> 
> It makes sense if your company isn't already profitable. A dollar today
> at the expense of two dollars next month is a good deal if you only have
> a week's worth of money left before you go broke.

True, but I've also seen it several times in profitable businesses as 
well, usually where middle management positions are short-lived, so 
saving money is a way to move ahead.  Profits tend to be longer term, so 
the way for middle managers to look good is to cut expenses regardless of 
the consequences to long-term profits; the logic often is that they won't 
be there to see the long-term results, so it doesn't matter, but the 
short term savings does (to their personal careers).

Jim

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