Monday, January 11, 2010

More Economic Madness

A nearby city is struggling to balance their budget and has had to make deep cuts in recreational facilities, programs, staff hours, services, hours, etc. The local news stations have recognized the losses to the public and city employees, but has praised the city for taking these drastic steps to do what must be done.

Another nearby city is basically firing all their employees and letting them reapply for their old job. There is a huge advantage here if the rehiring process were going to be unbiased. I remain skeptical about the execution of this ingenious plan. Again, the local news stations are generous with their praise.

But my city, having always been a depressed area, has wisely budgetted. Finding that they had a considerable surplus at year’s end, decided to dispense bonuses to city employees. The news report read like an exposé, harshly criticizing the city for foolishly wasting money in a down economy. Please explain to me how giving bonuses to faithful employees for a year of hard work is foolish and wasteful! How many employers raked in serious cash while paying meager wages only to stiff their employees of yearly bonus. It is unethical to use the "bad economy" as an excuse to horde all of the profits. Not every industry has been hard hit, especially those whose employees have been wise stewards of company resources throughout the year. If you ask me, government entities ought to set an example not only in spending wisely, but in the fair and equitable treatment of their employees! Is there anything wrong with being grateful for a job well-done, especially when they can afford to do so?


  1. I found your blog through etsy forums and just wanted to say hi and that your blog is lovely! have a beautiful week!

    xo, Katie

  2. Great blog!
    I totally agree with you on this about companies hoarding profits.
    My husband lost his job last spring, while the CEO sitting in France got a 5 million dollar bonus.
    And yes, a few weeks later he was interviewing at the same company.

    So sad. Greed has destroyed us.

  3. Too many people, not enough jobs and everything is about money. Not the best situation for a civilization to be in.


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