Sunday, November 22, 2009

OUR ECONOMIC FUTURE IS IN YOUR HANDS


  • IF YOU ARE TOO FEARFUL OF AN IMPENDING DOUBLE-DIP TO SPEND MONEY, THEN YOU WILL CAUSE A DOUBLE-DIP.
  • IF YOUR SAVING MORE THAN EVER BECAUSE YOU'RE AFRAID OF LOSING YOUR JOB, THEN YOU'RE MAKING IT MORE LIKELY YOU WILL LOSE YOUR JOB.
  • IF YOU WANT THE ECONOMY TO GROW, THEN YOU HAVE TO PLANT SEEDS OF GROWTH - BY SPENDING MONEY.
  • YOUR PURCHASES ARE THE SEEDS OF FUTURE PROSPERITY.
  • NEITHER THE GOVERNMENT, NOR THE FED CAN MAKE THE ECONOMY GROW; ONLY YOU CAN - AND ONLY IF YOU YOUR SPEND MONEY.

SPEND IT!

UPDATE: BIGTIME YALE ECON PROF SAYS THE SAME THING IN AN OP-ED IN THE NYTIMES.

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