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Monday, October 24

the art of economy

For a long time now I have been trying to understand this economic mess we find ourselves in. I know 2 things: the current POTUS did not cause it and (2) politics is getting in the way of fixing it. Other than that I am clueless. I did take economics in college. Well, I got a lot of rest during economics in college, but I remember clearly the instructor telling us that no matter how one tinkers with the economy, if left alone it fixes itself. Maybe I'll call the prez and reassure him, tell him to not sweat it, focus on the environment or health care or something.

A friend was set up next to another artist at a show last weekend who opined that we cannot raise taxes on the job creators. Now, the job creators, who I assume are the folks with the money, have had a break for a decade now and there are fewer jobs than ever. Obviously this is not the case. So I pondered this and decided to apply it to the art show life with moi being the job creator. I do pay taxes but the amount is so pathetic that for the sake of pondering, I will use show fees instead of a tax rate. Are you with me? Great.

The shows charge an average of 30-40 bucks to apply to a show, then, if accepted, the booth fees are anywhere from $150 to $500. When I calculate my profit after a show (as if!) I deduct the expenses like materials and fees. With the economy gasping for air, our sales have been less and less. Now lets give me a choice between cutting the booth fees (taxes) in half or selling more. Naturally I will choose selling more. To sell more, my customers need more disposable cash, need to feel free to spend money on whimsy instead of canned goods for the disaster pantry.

Hmmm...OK. Seems to me that the answer is to give tax breaks to the job doers, to the little guys, to retired folk, to the middle class. Because when I started this gig 15 years go, the country was rockin', throwing money at us. The job creators were not throwing money at me. Regular old people like me were spending. And the more they spent, the more I spent. I bought clothes, furniture, a car, food, a Golden Retreiver. We went on trips, filling the gas tank as if gas was 2 bucks a gallon. Oh, wait...

Anyway, folks like us are good for the economy because we spend our money and keep stores and gas stations and PetSmart and Holiday Inn Express in business. Job creators, it seems, sit on the money and wait for it to hatch.

Mr Obama, there is your answer. Give financial help to the spenders, the little people. The beautiful people who wander into our gypsy caravans longing to leave with something pretty. I promise, the money they spend will be spent again and again and again.

I'm tellin' you, I think I'm onto something here. Sure hope it works, I need new appliances.

1 comment:

Peg Cherre said...

I'm with you, Pat. I've lived on double my current income with no problems at all finding ways to spend it.