--- In FairfieldLife@yahoogroups.com, "authfriend" <jst...@...> wrote:
>
> --- In FairfieldLife@yahoogroups.com, Bhairitu <noozguru@> wrote:
> <snip>
> > The bill has become due. The "big boys" know this but
> > can't simple tell the public they need to tighten their
> > belts.
>
> The public doesn't need to be told to tighten their
> belts. They're already doing it, either because they
> have no choice or because they're afraid things will
> get worse and are trying to stay ahead of the game.
>
> Unfortunately, belt-tightening is *not* the remedy
> for the present economic situation. People who can
> afford it should be spending money, not saving it.
> The less consumer spending, the less production; the
> less production, the fewer jobs; the fewer jobs,
> the less consumer spending. It's a vicious circle.
>
> Government can make up for only so much of the
> decline in consumer spending, but as it is, the
> government isn't spending enough either.
>
Maybe outsoursing too much and, buying foriegn made stuff has something to do
with so many out of work that can't spend much?
Do you think a lot of the present problem was brought about by those
complaining?
