What a scary week. 100,000 jobs lost. You know that saying about putting all your eggs in one basket? Husband and I are sort of there right now. We both work for the same division of a major Industrial/Financial corporation. This division laid off a TON of people this week. Somehow, we both survived. But, who knows when the next round of layoffs will be. With all of these people being out of work, how is the economy going to turn around? These financial institutions that are receiving BILLIONS in tax payer money are the worst offenders when it comes to layoffs. How are we supposed to stimulate the economy when everyone is out of work. With the way things are going right now, companies are going to continue having to layoff people because they will continue to lose money because EVERYONE IS OUT OF WORK!!! It reminds me of that line Fat Bastard said in Austin Powers. "I can't stop eating. I eat because I'm unhappy, and I'm unhappy because I eat. It's a vicious cycle."
So, supposedly everyone is going to be receiving $500.00 in "stimulus." And this is supposed to turn things around? People need a lot more than $500.00... they need JOBS! Uh, so why are you sending me $500.00? Seriously, government, I'm not hiring anyone. You can keep my $500.00 and give it to the folks that will actually turn this economy around. BUSINESSES!!! And I'm not saying give it to Bank of America, either. Give it to the guy that runs the local water store down the street. Give it to the guy that owns his own landscaping company. Small Business Owners. Big Business Owners. Businesses that EMPLOYEE! Cut the crap out of corporate tax rates. Do WHATEVER you can to attract businesses to the United States.
Husband and I both still have our jobs, for now, but I don't see how it is possible that we will still have jobs for much longer with the way things are going. $500.00 is supposed to make me feel better about the way things are going? Afraid not. And I'm sorry, but once everyone has been laid off, and every business has failed because NO ONE CAN BUY ANYTHING, the government won't have anyone to collect taxes from anymore. Where does that leave us?