Chrysler will close 789 dealerships, according to CNN. That’s a lot of people that will lose their livelihoods, from the owners to the cleaning crews. Our heart and our prayers go out to all of them. These are difficult times to lose your job.
This big hit on the economy causes us to restate the request from today’s other post for a tax withholding holiday. Chrysler’s bankruptcy can’t be stopped. But a boost in consumer spending will improve the outlook for the people that are about to lose their jobs at Chrysler, and at troubled companies throughout the economy. Think about those individuals that will be able to find new jobs created by spending from the holiday. Think about their families. Remember that the job created or saved by the tax withholding holiday could be yours.
I expect to see many comments from readers about how we have spent too much already on the bailouts and stimulus plans. They will insist that we can’t afford a tax cut right now after spending so much money. I understand these concerns, but the past is behind us and can’t be changed. The debate over the value of those programs can take place somewhere else. I want to provide a platform for all of us to look forward.
We earn our money. The needs of The People have to come ahead of the needs of the government. Right now, a tax holiday will improve consumer spending and will save jobs, and as I explained in my earlier post today, give families facing lay-offs a significant boost in money to save or spend as they need. Right now, We The People need a stimulus and the government of the people, by the people, for the people, needs to allow the people the right to the fruits of our labors.
No comments:
Post a Comment