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To: urbanpovertylawcenter
So what you are saying is that everyone is gonna spend, spend, spend, and never save? Or that some won't lose their jobs and have nothing to spend? Or that others may get a promotion and spend more?

The economy is nothing like any food item. It grows and shrinks--it is not a fixed size.

39 posted on 01/29/2015 7:43:11 AM PST by ShadowAce (Linux -- The Ultimate Windows Service Pack)
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To: ShadowAce
Saving inflatable fiat currency is risky, invest some in safe instruments like farm land and airplanes so you can grow something to eat or you can go somewhere if you need to.

And what you say about the changing economy is spot on, funny how government is not tied to any economic laws. They grow while we shrink.

How does that happen?

I believe the middle class has been scraping by and have unmet wants like mom's KitchenAid appliance that they have not been able to afford since big oil went all Clinton on us in 2007. Now that a few dollars will be left over, if not sucked off by Obamacare, some flurry of expenditures will be seen here in the short term.

40 posted on 01/31/2015 4:32:56 AM PST by urbanpovertylawcenter (the law and poverty collide in an urban setting and sparks fly)
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