Recession! Recession! Recession!
Thats all I ever hear now, and it is really starting to grind on my nerves. I know how hard things are. I can see it when I go to the grocery store, and everything has gone up 10% on last week, I really don't need the news readers rubbing it in with every broadcast.
What really irritates me is the government though. As much as I feel its wrong to blame them for the economic down turn, I do feel that their steps to rectify the situation only made things worse. They thought it would be a smart idea to bail out the dodgy banks by giving them billions of the tax payers money, but did not seek to secure and ensure that we tax payers got anything out of this deal. The result... the suspect banks are still suspect, and continue to rob the poor tax payer.
A better solution would have been to give the money back to the average joe blogs, and we would have bought our way out of recession. Banks don't spend money. The tax payer does.
All over the Christmas period we here that sales figures are down for retail, and as such stores are going out of business. If the government had not wasted time with the laughable 2.5% vat cut, and instead have given some of those billions to every individual in the country, I can promise you that not one single company would have reported a fall in figures over the Christmas period. We consumers would have consumed, which would have meant that manufacturers would have had to supply. Is that not one of the principles of business - supply and demand?
I sure wish I could meet some of these so called 'economic experts'. I would love to give them a piece of my mind, as am pretty sure that I could do a better job at suggesting ideas to bring us out of this economic downturn than anything they have implemented so far.
Maybe I am being big headed in saying this, but I don't care. In this current economic climate, it is all I have left.
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3 comments:
Glad to see you're back, mate... I'd missed your wit ;=)
Happy new year to you and yours!
Wassup Tony... thanks for the New year wishes, can I just wish you and yours all the best in return.
You and I should open up a consultancy firm J. Lord knows I feel the same as you do.
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