Thursday, March 5, 2009

Out of Touch

Hey, people.

An article at online.wsj.com says that the travel industry has begun to create attack ads against President Obama and Congress for their criticism of companies that use bailout funds for reward travel for their employees.

Are these people insane?

They argue that the pressure from Washington has had unexpected consequences. Companies that are not receiving government funds are canceling trips, worried about public perception. So, the travel industry is suffering.

Well, welcome to the real world.

EVERYBODY'S SUFFERING!

I have no animosity toward the people in the travel industry. I know that, unfortunately, some will lose their jobs in a market downturn. I am sympathetic to them.

But I also know that the American people are not going to subsidize extravagant behavior by companies that cannot afford to travel but are willing to do so on the taxpayer's dime.

If other companies choose to reduce travel due to public perception, so be it. Looking at their books, you would probably find they really can't afford the trips either. Most companies , right now, are suffering from a lack a free or disposable funds.

So the reduction helps everybody's bottom line.

It would appear to me that a smarter path for the travel industry to take would be to find better ways to promote local travel spots to satisfy the "needs" of their clients.
Show some creativity!

Quit whining.

We are all in this together and the sooner people realize that short-term sacrifice will pay off for everyone in the long run, the quicker we can move toward recovery.

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