All the talk about stimulus packages makes me wanna puke. And CEO for Cities nails it when they question why concrete and steel are the only worthy projects out there.
Let's be honest...the move to reduce CEO compensation and curtail travel and conventions is being driven by politicians that want to show the "common man" that they're going to stop the chosen few from living the high life. It's pandering to the jealousy of those that made shitty decisions early in their lives and hate that others get to live lives that they wish they could.
But, when the clowns in Washington decide incentive travel and conventions should be cut because they look like perks...do they realize that they are driving the recession to even deeper depths? Sure...you can punish management and sales professionals all you want. But, when you do, you end up causing the elimination of jobs in the hospitality and service sector. Yeah, the very people who are your base. The people that most need a paycheck.
It's like when Madison WI banned smoking in bars...ostensibly to protect the working girl that was forced to risk her health by working in said establishment. While they achieved that goal, the city also managed to significantly reduce the amount of nights that area musicians get to perform. Hey...fewer patrons doesn't just mean leaner profits. It means less reinvestment in the arts and culture of a community.
When will the people that we so foolishly elected realize that cuts to the travel and hospitality industry deepen the economic crisis in which we find ourselves?
Oh, yeah...only when our industry begins to grow a voice and vote as a block.
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