10 US industries that may never recover. What would you do to rebuild the economy?

Wall St. 24/7 listed the industries least likely to recover anytime soon, if ever. Government downsizing leads the list. The Tea Party solution? Vote themselves a big tax break and fire as many government workers as possible. This is going to work because consumers have lost half the value of their homes and much of their savings, so they can’t spend. Without consumer spending, businesses can’t spend. They are still laying people off leaving them unable to spend or even keep their homes. So if we can just stop all Government spending too, everything will balance.

How are we going to restart the economy with logic like that? Is just getting government off the Tea Party’s back really going to help, or will we shoot ourselves in the remaining good foot we are hopping around on now? How is this logic of tax cuts going to help retire the massive National Debt we’ve already run up with huge tax cuts for the rich?