New Home Owners And Snagging Forum

Investments => Financial Markets and the economy => Topic started by: Philofacts on June 04, 2011, 08:29:54 am

Title: Do we need to spend our way out of the slump?
Post by: 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

Title: Re: Do we need to spend our way out of the slump?
Post by: The Prophet on June 04, 2011, 08:50:56 am

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