Monday, October 5, 2009

Americans save as the economy falls


Although the U.S. has come a long way from being so deep in the recession, the people of the U.S. are still heavily feeling the woes of the economy, and are more than ever ensuring that they save as much money as possible.

This may sound like a good idea, but in reality it is one of the worst things that could happen to the economy right now. If people continue to work, but don't spend money, businesses will make no money, and as a result have to lay off more people, and continue in a downward spiral towards depression.

Although saving money seems only natural in these troubled times, if Americans truly wish to help their economy, continuing to shop and spend is what the country really needs.

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