Let's encourage everyone to gift themselves, their families, the country and the world with a gift that keeps on giving. The Gift is 80%.
As we all cut back on unnecessary and un-productive consumption, we can cut the prices we charge and/or the hours we expect to work to 80% of our current (recent?) level.
Bingo. Prices are back where most people can afford them. All of us have more time to improve quality of life. No need to lay off people.
Life is good. There is plenty of work to be done. Of course we can do it.
(And let's get a move on health care reform.)