Author Topic: Do we need to spend our way out of the slump? (Read 9051 times)

Philofacts · « **on:** June 04, 2011, 08:29:54 am »

Consumer spending represents 60% of the economy.

It makes sense that to expand the economy, we need people to spend, and they need stable employment and reduced taxes to enable them to do so.

Putting up VAT and cutting jobs is not the answer - IMO

The Prophet · « **Reply #1 on:** June 04, 2011, 08:50:56 am »

If the public don't have the money they will not spend.

Author Topic: Do we need to spend our way out of the slump? (Read 9051 times)

Philofacts

Do we need to spend our way out of the slump?

The Prophet

Re: Do we need to spend our way out of the slump?