They still have some money, and they have needs to supply. They must begin immediately to pool their earnings and organize industries to participate in supplying social and economic demands.
Sentiment: NEGATIVE
We have to make their livelihoods viable, get them the proper prices for their produce, try and make them stay rather than sell their property and leave again.
Organized labor, if they're doing a responsible job, is going to organize the pooling of small amounts of money to protect the interests of the people who are not rich.
How is the economy supposed to recover when people can't afford to fill the tank?
There's money in the old stuff, but there's more wealth created in the new growth areas.
A thousand restaurants close every month. They re-open, and that's good for America. Nobody's rescuing them. They employ people, too. If we let them go bankrupt, the factories don't go away, the creative people don't go away. They get employed more productively by others.
Everything is produced by the workers, and the minute they try to get something by their unions they meet all the opposition that can be mustered by those who now get what they produce.
I hear from the business community all the time that what they need is an educated work force. They need an infrastructure that can make people and products. You need to cultivate an environment that they can imagine living in and being in, having employees be in. And a fair tax structure. And a responsive government.
But economic recovery must be earned. And it will be earned by entrepreneurs and it will be earned by small businesses.
We need to leave to the market and society what they can do well.
Prosperity comes from the private sector.