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On sunset industry
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Posted on Mar 03 2005
When an economy goes south, government must brace for real trimming of excess fat. Most importantly, it must work together with private industries to prevent the imposition of more taxes and fees. This is pre-requisite in order to ensure that businesses, large and small, stay in business. It is our economic engine! I think most would agree that the exact opposite has happened.
For instance, there’s the fuel surcharge that will instantly shut the doors of more apparel factories and small businesses. Then there’s the fuel cost that keeps increasing. Naturally, the domino effect of these increases will result in the increase in the cost of basic food commodities next year, according to a recent news article. Businesses pass all these additional costs on down to, yes, consumers! It needs to do so if only to squeak by with nickels and dimes. And private industries don’t employ the accrual accounting system either. It deals with hard pennies, nickels and dimes, not speculative projections.
Amidst bad tidings of an accelerated closure of most apparel factories here by summer, we ask ourselves: What did this administration do to ensure (at least until our men of wisdom have found concrete economic substitutes) that this industry doesn’t actually sail into the sunset? Yes, go ahead and yawn, then sing: Are You Sleeping/Oh where have you been JD Boy. It’s a nice medley that depicts the lack of leadership skills of this administration. Now, if you disagree, take another look before you leap into the sea of purposeful ignoramuses.
The manner with which this administration has handled the sale of Verizon has done these isles more harm than good. Its message is trumpeted loud and clear among on-island and prospective investors. Therefore, it’s useless to engage in trade missions when we can’t even take care of economic tsunamis right here at home. If only the big boys could stay on the ground much longer. Eh, they might even smell the toxic smoke and ash from Anatahan.
No wonder the less than mediocre performance from the outset. The wind of change is in the air and voters are mad enough with unparalleled conviction to declare: No Mas!
John S. DelRosario Jr.
Koblerville
