How can the government explain blaming the people for wanting to save their money? I think it's great, maybe they're saving their money to buy with cash what they would normally put on a credit card; which is why most people are in trouble, credit card debt. We have a credit card, which is for emergency use only, came in handy last year when we lost everything due to a tornado, and my husband was out of work, but unemployment doesn't pay very much; so we ended up using the card to buy stuff for the house.
In my opinion, the bailouts are nothing but giant credit cards which our descendents will be left paying. What isn't there a savings plan for the government??
Answer by Anonymous at 9:13 AM on Mar. 4, 2009
It is okay to save, but if you don't go out and spend products don't get made which causes a trickle down effect to people losing jobs and businesses closing.
Answer by Anonymous at 9:17 AM on Mar. 4, 2009
Answer by izyandchrismomi at 9:24 AM on Mar. 4, 2009
Answer by JuLiAnSmOmMy317 at 9:39 AM on Mar. 4, 2009
Answer by Anonymous at 10:10 AM on Mar. 4, 2009
Answer by mrssundin at 10:15 AM on Mar. 4, 2009
The Current Administration likes to evoke fear to make their point. So, is in thier eye, we [the people] are a part of the problem, because we aren't spending? If that is the case, I have to say: Well, Mr. President of "Hope" and "Change", Why should I be hopeful of spending my money?? You and your admin are spending it at RECORD PACE! I should save because you and your administration are about to raise the price of utlities, which will domino into goods and services.
Answer by grlygrlz2 at 10:34 AM on Mar. 4, 2009
Answer by akinbottom2 at 11:03 AM on Mar. 4, 2009
Answer by Scorpio359 at 2:11 PM on Mar. 4, 2009