Economic woes. Really? Hard to tell.
I am a federal employee (disclosure moment!) and partially going to repeat myself today. Should all branches of our federal government look at ways to cut unnecessary spending? Absolutely! However, if congress was serious about spending cuts, they would require each agency to study their own services with their staff regarding which cuts would not harm our society and business community. Provide a time frame for results and percentage criteria. Need not take months and months.
If for just a moment we remove our two wars from the budget, how much “out of control federal spending” has brought about job loss and the economic downturn? Is federal spending truly the major source of our problems? What about banking/accounting/taxing practices outside of the feds? If investigation into this arena is over, what are we going to do with the results? Both Democrats and Republicans have stated the dismay at lack of corporate taxes paid. OK. Now what? Do we tackle the tough problems or simply blame various other groups because it is easier?
A healthy economy is most important for a secure United States. People need jobs to feed and sustain families. We need production. Gross National Product (GNP) depends on production. Period. And even though GNP is a (or the?) major area we study when we look at the healthy economy of any country, we also must consider income of workers/consumers. Without consumers, the bottom line remains red.
There are many issues that have led to our economic downturn. But that’s all I have to say today!
