Wednesday, February 4, 2009

conserative spending undermines jobs

President Obama gives the banks and car companies the final word. The bonus cap has been placed at $500,000. There should be no bonuses at all until there is a profit. There are not to take any junkets are high priced meetings. This is going to hurt the profits of the high end hotels, resorts, etc. Which in turn will be the cause of job loose on a whole bunch of people. People that have secured jobs and a higher income, should keep on spending to help save jobs and create new jobs. The people out of work must cut back to use their present resources prudently.

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