It's a slow day in a dusty little South Western
American town. The sun is beating down and the streets are deserted.
Times are tough, everybody is in debt, and everybody lives on credit. On
this particular day, a rich salesman from the North East is driving
through town, stops at the local motel and lays a $100 bill on the desk
saying he wants to inspect the rooms upstairs in order to pick one to
spend the night.
He is
given keys to a few rooms and as soon as the salesman walks upstairs,
the motel owner grabs the $100 bill and runs next door to pay his debt
to the butcher. The butcher takes the $100 and runs down the street to
repay his debt to the pig farmer. The pig farmer takes the $100 and
heads off to pay his bill at the supplier of feed and fuel. The guy at
the Farmer's Co-op takes the $100 and runs to pay his drinks bill at the
local pub. The pub owner slips the money along to the local prostitute
drinking at the bar , who has also been facing hard times and has had to
offer him "services" on credit. The prostitute rushes to the motel and
pays off her room bill to the motel owner with the $100. The motel owner
then places the $100 back on the counter so the rich salesman will not
suspect anything.
At that
moment the salesperson comes down the stairs, picks up the $100 bill,
states that the rooms are not satisfactory, pockets the money, and
leaves town. No one produced anything. No one earned anything. However,
the whole town is now out of debt and looking to the future with a lot
more optimism.
And that, ladies and gentlemen, is how the any government's stimulus package works!!!
Moral of the story. Any real economic recovery always starts with the efforts and success of sales people. So get selling folks! Your country is depending on you.
"Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body - the producers and consumers themselves." - Herbert Hoover
"Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body - the producers and consumers themselves." - Herbert Hoover