Comcast is highly leveraged. It's ratio is higher than Disney's. Now, it is sustainable at current income levels. However, if the movie business and themeparks don't come back to profitably soon both companies will be in trouble. They can't even count on the TV networks, over the air and cable because advertising revenue is drying up. The only revenue both companies can count on for the time being is. cable TV subscriptions which over the past few years has been falling. Now, I do expect the recession to be relatively short and both companies to survive but it will take several years before things get back to normal. Some people may not like this fact but I said the economy would crash, while others said only 2%. Goldman Sacks is now saying 24%. Others are saying we can lose upto 36 million jobs. I think what we are seeing was accurately predicted by those who understand economics.
Also a poster on another thread said some people are proposing pay cuts for teachers because the state can't afford to pay. States are losing billions and billions in tax revenue while racking up billions and billions in expenses. They will have to raise taxes, layoff workers, and either freeze pay for years or have pay cuts. The Federal Government will not be able to bailout all the States.