Saturday, August 13, 2011

The Recession that didn’t have to be.


We have 9% unemployment.

That means 91% of the people still have jobs.
Most of them are making the same amount as they always did.

The recession is caused by the 9% unemployed not buying anything but also by a large degree of the 91% stopped buying also. These 91% hear recession and they act like sheep and think they also need to stop spending.

Maybe their 401K’s took a hit, but the best thing they could do for that is to start spending again.  If I was the President I would encourage these people to simply start spending again.

If they did, the Great Recession would be over.

They could end it today.

No comments:

Post a Comment