The naked stimulus: Why savings stimulate more than spending - Fortune Finance

[chadbag]

Food for thought

http://finance.fortune.cnn.com/2010/09/09/the-naked-stimulus-why-savings-stimulate-more-than-spending/?section=magazines_fortune

This makes sense to me. How Obama and his fools of an entourage don't grok this is a mystery to me. Seems like an Econ 101 type of subject.

[Business_Casual]

Because it had nothing to do with stimulus and everything to do with paying back public sector unions for their support in the election.

B_C

[austinN4]

http://finance.fortune.cnn.com/2010/09/09/the-naked-stimulus-why-savings-stimulate-more-than-spending/?section=magazines_fortune
Always has made sense to me, but then I am a saver/investor by nature. I have always saved/invested way more than I spend. And my financial house is in order and doing just fine.