Wednesday, December 24, 2008
Thinking Big
I have come to the conclusion that EVERYBODY
was thinking BIG......Individuals = houses and
flat screen TVs......Unions = pay scales and
pension plans......Governments (big and
small) = roads, schools, tax revenues.......
No one anywhere thought to think the
opposite.....And, if they did and speak their
opinions they were most likely not listen
to....."How dare you have a negative thought!"....
Well the "negative" time is here.....No
increases in tax revenues, no increase in
consumer spending, no increase in wages
and pensions......The word of the day is
"down size" or "cut-backs"......
Did we not learn in school that there are
economic cycles.....Did we not learn that
you can only put so much air into a balloon,
before it will break.....I guess the lessons
have now gone and been forgotten along with
the ideas of "thinking big"......Pumps
was thinking BIG......Individuals = houses and
flat screen TVs......Unions = pay scales and
pension plans......Governments (big and
small) = roads, schools, tax revenues.......
No one anywhere thought to think the
opposite.....And, if they did and speak their
opinions they were most likely not listen
to....."How dare you have a negative thought!"....
Well the "negative" time is here.....No
increases in tax revenues, no increase in
consumer spending, no increase in wages
and pensions......The word of the day is
"down size" or "cut-backs"......
Did we not learn in school that there are
economic cycles.....Did we not learn that
you can only put so much air into a balloon,
before it will break.....I guess the lessons
have now gone and been forgotten along with
the ideas of "thinking big"......Pumps