Archive for November, 2008
In Soviet Russia, Crisis Economics You!…Wait…What?!
As you should all know, we’re in the middle of this horrible economic crisis brought on by poor leadership, costly wars, wreckless mortgage companies (*cough cough fannie mae and freddie mac cough cough*), and the general stupidity of the average low-income American who thinks credit cards are the answer to life’s mysteries. It’s next to impossible to not know about this stuff. I mean it’s all over the news and the presidential candidate’s focus shifted over to economic issues instead of the war (which I find to be a suspicious coincidence, but that’s for another article). But maybe THAT’S the problem!
What if the media wasn’t broadcasting our impending doom brought on by this recession? Think about it- People hear our economy is tanking so what do they do? They cutback on spending their money. They keep it in the bank and don’t touch it unless they absolutely need to. What does this do? It further weakens the economy! We can’t strengthen it if everyone stops spending. Don’t get me wrong, I don’t think we’d be economically okay if everyone was spending as if nothing was going on. I just think that everyone freaking out and not spending money is doing more bad than good for the economy.
You are currently browsing the Jeremy Duenas blog archives for November, 2008.