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The Nestle company
manufacturers most of the
canned pumpkin product sold
in America. It markets these
products under the brand
name Libby. |
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Nestle's Libby announced
that there may not be an
adequate supply of canned
pumpkin product for the 2009
holiday season. Libby stated
that its production of
canned pumpkin products may
be sold out before the end
of the holiday season. |
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This is one of the first
shortages in food products
to hit the United States
since World War II. It will
not be an anomaly. |
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Americans should expect more
shortages because
manufacturers are conserving
resources -- that is,
cutting back on production. |
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Americans should expect
additional shortages in
many
product lines and in various
other manufactured and
processed goods. |
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Manufacturers will continue
to scale back production,
consumers will continue to
buy less, and the downward
economic
spiral will proceed. |
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This sort of downward spiral
in production is a result of
increased taxation
on
businesses during
today's recessionary that
forces businesses to reduce
labor costs which results in
people losing jobs which
results in people having
lowered or no income which
results in
consumers' growing
inability to buy products
and services which results
in businesses laying off
additional
workers
who produce products and
services that consumers are
not buying. |
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Amidst the coming shortages,
people will long for the
gasoline lines of 1973. |