Penny wise and pound foolish
To the Editor:
I feel the need to respond to Mary Jane Boucher’s letter in the Warwick Beacon dated Feb. 6. I cannot argue with her ideal of saving money; she is correct about the pennies adding up, “A penny earned.” I have one I am fond of also. A wise old adage, “Penny wise and pound foolish.” I pointed out the spending of millions, usually without much challenge, by the city – out-of-control pensions, and overtime. I also mentioned the growing loss of tax revenue from the growing airport – more millions. Mary Jane did not concede those points in her letter. She only insinuated that I was not concerned about spending. I commented on bottles of water. Her reply is, in fact, correct. It is pennies involved. I also point out there is no monetary loss. The center makes a profit on each bottle. “Penny wise and pound foolish” applies very well here.
The City Council approves of the spending of millions, yet a few councilmen stage a dog and pony show about pennies being spent for a Senior Center. I might also point out my name is Walter, not Joseph.
Walter R. Amoroso