If "spending" is good for the economy, then the underlying assumption is that "saving" is bad -- or at least not good as it is the opposite of "spending."
This is what is upsetting because we all know the opposite to actually be true. If we save, we have something for a rainy day. When things are tough, like after 911, sacrifice is in order, not a shopping binge.
When Bush, after 911 told Americans to "Go Shopping," I worried. When, upon giving the first stimulus checks, he asked that people "go out and spend it," I was shocked. How can the problems caused by too much shopping and spending be remedied by shopping and spending?
And now Barack Obama is suggesting another round of stimulus checks.
With debt at enormously high levels, and the economy floundering it is time for frugality.
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