I know, here we go with doom and gloom news but this is unfortunately reality, at least in the US.  A friend called today and told me that he has been sitting on the “bench” for almost three months because his projects at the client site are all on hold or in the process of being cancelled. 

This story is the same across the board for many of my friends who work for IT suppliers around here and across the US. They told me that most of their clients have put all discretionary spending on hold and that situation may not change until next year.
 
This means that IT companies in the US will continue to lay off local people which will result in further slowdown of the US economy and a saturated job market.
 
When will this end?

We all heard Senator Obama’s message to reduce Offshoring by incentivizing companies who will create local jobs and we also heard Senator McCain’s promises of reviving the economy.
 
But I just can’t see it. How will they do this? How long will it take? People are hurting as more and more jobs are being eliminated, how will we turn this around?