Well - some ancient sage somewhere said it's best to stay away from religion and politics with family members, but how about an economics discussion?
What do you think about all these government bailouts? Where will it all stop? It appears that these big companies are going down like dominoes. I'd like to know what some of you Klop businessmen and women, economists, teachers, and wise users of money over the years, think about all this.
How about issuing a $15000 tax-free coupon to any or all families who desire it, to be used only towards the purchase of a vehicle. We, the people, would be happy, and the auto industry would be booming.
ReplyDeleteThis reminds me of a totally unrelated story I read recently.
ReplyDeleteA young man that had been driving
DUI hit a tree and was seriously
injuried. In the ER, the doctor
told him, "We will have to
amputate your leg because of the
severe injury." The man
responded, "That is far to
agressive, you are too radical."
To which the doctor responded,
"This is a result of your
careless, reckless behavior
and I have no choice but to
take this massive action to save
your life,"
Almost like the economy, when looking at the massive reaction, we need to also analyze on whose "watch" resulted in this condition. Don't blame the cure, look toward the reckless irresponsible behavior that caused the situation. Jerry
Interesting thought Nog Blog, and one that I know many people would snap up quickly.
ReplyDeleteHowever, it still doesn't adress the reasons why so many (including me) are purchasing Toyotas, Hondas, etc. rather than Ford, GM, and Chrysler.
Can we afford to delay solving the temporary to fix the long term? Maybe not and hopefully there is a fix for both.
--Rhoda