... if we stop going out to movies, who at the movie theater loses their job. If we stop going out to restaurants which waiter can't pay his bills. If we stop getting hair cuts......and so it goes.
The Web is abuzz with people speculating that GM is going bankrupt. General Motors says no way -- nothing to fear. But it shows that fear is here.
I heard one economists say we could eliminate payroll taxes on the first 15 thousand dollars (pick an amount I suppose) of income if congress would pass the measure. That would be another stimulus to the economy. Of course, much more must be done long term.
What do you think. What are your ideas for getting the economy back on its feet. We have slipped and fallen -- how do we get back up. Give us your comments here.