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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Jim McMannis who wrote (110940)4/23/2010 2:46:38 PM
From: Steve Lokness  Read Replies (1) of 116555
 
Jim;

Be subject to the revenue at hand. Don't spend more than you take in. If you bloated salaries/pensions/programs based on revenues and projected revenue during the bubble and now are taking in less......then cuts have to be made. Rather than just trying to increase taxes to pay for what you already spent.

I have no problem with that statement. You have said it well and done so without attacking all of the workers as if they are evil.

Steve
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