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Voice: A little recession will prod us to count paper clips

October 05, 2001

A little recession is a good thing. In times of prosperity companies forget the little things. They don't count paper clips, pens or paper. They don't turn off the lights to the copy room. They don't power down equipment at night.

Declining profits are the result. After profits dip, the stock drops. The "experts" predict a downturn in the economy. People are reluctant to spend money, profits drop lower, stocks drop lower. The "experts" predict a recession. People don't spend money. Companies start counting paper clips, profits go up, stocks start to rise. The economy rolls again.

Recession trims the fat out of the economy. A little recession is a good thing. So spend your money, but count your paper clips.

JOHN BERRY

El Centro

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