MoneyWithWealth.com

...Money With Wealth

 

Did people forget that consumer spending was what was keeping this economy afloat? It was not real because ?

Written by YouCanDoIt! on March 16th, 2009
real wealth
Sahara asked:


consumers were using debt to do so? That’s pretty important. So Obama’s plan should put more money into consumers’ hands and spending should resume. Consumer spending is the lifeblood of this economy. We should focus on producing and exporting goods overseas. That’s another way to create wealth. What do you think?
Moose- You got it exactly. Thank you.
Where are those jobs that AIG could have created? They have just been wasting money. What have we taxpayers gotten for it? Hmm??

Bryan

3 Comments so far ↓

  1. Mar
    17
    5:27
    PM
    Locke

    You mean like John McCain’s plan?

  2. Mar
    18
    6:07
    AM
    N. Cognito

    Consumer spending is indeed what keeps our economy afloat, but consumer credit allows leeches to attach themselves to our backs. That’s why we’re currently experiencing financial problems.

  3. Mar
    21
    3:38
    PM
    Moose

    The mcsame tax cuts for jobs what the responsibility for fixing what is see is see is the mccain plan did not listen to economic policy.