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The Town Crank
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Feb
12
Written by:
Steve Erbach
Thursday, February 12, 2009 6:00 PM
How has the economic downturn hurt you?
(published 16-Feb-2009, Appleton Post-Crescent)
Our oldest son works at a popular restaurant. He works fewer hours and gets fewer tips. One Sunday three customers left no tips; one had a $70 tab. My wife actually works more hours than before, so she's doing fine. I don't have "layoff survivor syndrome" yet, mainly because there haven't been any layoffs where I work. But hourly workers there now work seven hour shifts, not eight. Gas prices are good, as low as they were four years ago. I really don't think that we're heading into a depression. The early 80's had higher unemployment, interest, and inflation rates than today, and there wasn't any talk of an economic "stimulus". Comparing the Reagan administration to the Obama administration will be very instructive. Spending our way to prosperity is a phantom, a trap. Don't listen to the siren song of the stimulus because it'll lure us further into the economic Sargasso Sea.
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Tea Partyer
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U.S. Congressman, Maxine Waters, says that the TEA Party "can go straight to hell." Well, after you, Maxine!
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Our Founder
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"Just shut yer yap, leave me alone, and stop raising my blankety blank taxes!"
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