Unbelievable propaganda on the MSN Money website titled: Be a good citizen: Spend if you can
By Daniel at 2 July, 2009, 1:14 am
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http://articles.moneycentral.msn.com/SavingandDebt/Advice/be-a-good-citizen-spend-if-you-can.aspx
“Because you are both fortunate and wise, Uncle Sam wants you to play a key role in America’s economic recovery. How? By maintaining your normal levels of consumer spending and charitable giving — and, if possible, even increasing them a bit.”
“Acting as you normally would will help offset belt-tightening by those in genuine distress, who have no choice but to cut back, and by those who aren’t in trouble but are cutting back anyway.”
But I have news for them: If they really want to help individuals who are less fortunate, they should be doing precisely the opposite. Boosting their spending — and their giving — will help businesses forestall some layoffs and eventually put people who have lost their jobs back to work.”
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