[chuckles]

Forget consuming! You sound like a Keynesian. Money can be used for more than buying a new Mercedes. If you open a Restaurant and hire 5 people instead of buying a new Mercedes, the money has a different effect than paying a dealer and a couple of salesmen for a car. You have formed a new stream of wealth and you can get your Mercedes later.

Keynesian's don't get that. They can draw dividends and interest, or spend it on new plant. Obama doesn't want either one. He would rather hold it hostage with threats of taxation and regulation and brow beat them as non patriots because they don't want to fund another boondoggle shovel ready project.

If we feel we can make better returns by investing in new plant and employees, the money will flow out of accounts like honey. Otherwise we will make the prudent economic decision to remain miserly skinflints with our money in a mattress. Happy unemployment!

Keynesian = Epic Fail.

[BillGunn]

Producing something someone wants is the basis for an economy. When one does produce a valued commodity, the person/people that want that commodity will in turn produce (product or service) something for trade. That is an economy!

An entity that produces without consuming, ie saves or hordes the vehicle of trade, is a net plus to an economy (if there is a non manipulated market).