Fran, the Title Man knows how to get to the meat of the subject. He has really hit a homerun with this one and I felt it deserved more exposure.
We all know the problem with our economy is LACK OF CONSUMER CONFIDENCE...
And the blame for that condition varies from the sub prime debacle, rising prices, especially for fuel, devaluation of the dollar, foreclosure pressure, falling real estate values, loss of jobs, the media, etc...
I never like playing the 'BLAME GAME'...too counterproductive...
And whatever the cause, we can all agree that our economy in general has ground to almost a halt...
So what's the simple but profound answer to get the economy going again...?
SALES! COUPONS! REBATES! GREAT DEALS! SLASHED PRICES!
It's that simple, folks! Right now, it's not about high profits, it's getting the ball rolling again...you've got to give a little to get a little...so slash those prices, reduce those profits, offer some incentives for people to buy...
Give the consumer a great reason to spend...initially by the secure consumer, then permeating throughout the rest of the consumer world...
RESULT...increased spending, more buyers in the market, more demand for goods, more jobs, more confidence in the economy...and lower prices...
BAILOUT??? HECK NO!
SALES & PROMOTIONS??? YES!
You're right, Cynthia ... Fran has hit another home run. But, then again, he usually does. Sometimes the most basic action is what is the most productive.
They should take the economic stimulus money and give it to americans to spend. That'd do the trick.
I'm with Fran on this for sure!! Thanks for re-blogging...cuz I missed it the first time. GREAT STUFF! GBU~
Cynthia, Thanks for the post. I like the pictures. I agree with you and Fran.
Thanks for re-blogging. Not only is the economy in a slump but we are heading into the slowest time of the year for home sales...at least in my area. The media has everyone in panic mode. We all need to do everything we can to make sales and get the economy back on track.
Cynthia, I enjoyed this post, but my primary purpose was to wish you a Happy Thanksgiving, Karen
Cynthia ~ one of my mentors always said: "Nothing happens until someone sells something!" Oh, how true! We must get some activity in this economy. I'm definitely planning to do my share to help it get moving. :-)
Cynthia, my latest quest is to be on the bandwagon for the government to send a million dollars to each tax payer. THEN sales would happen. Forget bailing out the huge companies that profit from US!
Heck if they would send me a half million I'd put half of it back into the economy after I was out of debt.
Glad you re posted this as I missed it.
Carol,
Yes, I agree with you--Fran batting average is way above average! Thanks.
Hi Larry,
I, too, believe that is the very best way to get the economy moving but hey, what do we know? Afterall, we're not politicians!
Hello Elizabeth,
Glad I helped you out by reblogging Fran's post--it's a good one, isn't it?
Kathy,
Right you are! The media just continues to scare buyers away in my opinion.
Hello Karen,
Thank you very much and I wish you and your family a Happy Thanksgiving too.
Hi Darleen,
Your associate hit the nail on the head, now let's all get moving!
Teri,
I'll join that bandwagon--now would that get things moving or what!!! Can you imagine the home, car, furniture, appliance, clothing, electronic, etc. sales that would generate?
Hi Tammy,
And so would most Americans! Why can we see that and the policitians can not?
Hi - I agree with some of the comments posted here. The economy would thrive if you put the bail out money in the pockets of the consumer. I think we would see the housing market flourish and thus give a boost to our economy. Bailouts for the culprits that got us into the current economic condition appears to be questionable at best.
The only problem with Frans ideas is it makes sense and how would the wealthy benefit?>>>kidding of course....
Jon,
I think lots of us believe that is the way to get the economy moving! Thanks.
Tim,
Well, true anything that makes sense will not occur to the politicians. :-)
This is a very good example of why we should use the reblog button. Thank you for using it ma'am because I would not have seen it if you hadn't. I also agree with Larry B.
Happy Thanksgiving ma'am.
It all makes a lot of sense to me, too. I can even promise to put 3/4 of my share back into the economy. And, I don't think I'll send checks to any executives. They can be "miserable" living off their 2-3 million dollar salaries.
Hi Don,
This one from Fran was to good to miss! Thanks.
Hello Marzena,
Right! Let those executives fend for themselves--and I believe the salaries were more than 2-3 million in many cases!
Cynthia looks like some of the merchants took this advice, they cut prices and people went out and shopped.