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Posts Tagged ‘u.s. economy’

Frugality? How about spend, spend, spend!

posted by brad wong on 2010.05.03, under economy, history

There are times, such as these, that I wish I was still sitting in an economics class.

Learning new theories, of course, would help. But I’d like to ask the professor a question or two about the state of the U.S. economy.

As in: If saving money is a rational move for people, especially given the Great Recession, how does that square with the need for a healthy amount of spending from consumers to circulate money, support jobs and stimulate demand?

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