Some letters to the editors say one way to get out of a recession is to keep spending. Don't lay off any employees, in, fact, even add some. Sorry, the best way to get out of a recession is to stop government spending on non-priority entitlements and go back to the core missions of our governmental bodies. Layoff or fire non-essential workers. There should be no entitlement to hire someone for a job unless there is a real and proven need. Back in about 2003, Peoria County laid off about 40 employees. Somehow, we survived.
As one union boss suggested that "if you have a steady job, make a conscious effort to help someone less fortunate....."
How true. And if you have "real disposable" income, spend it on something worthwhile to our economy.
Many in our area don't have excess monies but still keep spending. And not just in the private sector.
2 comments:
"Some letters to the editors say one way to get out of a recession is to keep spending. Don't lay off any employees, in, fact, even add some."
That's the dumbest thing I've ever heard.
PI:
If true than this is our national philosophy --- spend to prosperity.
http://azconserv1.wordpress.com/2009/07/04/obama-meddles-in-honduras/
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