Are Americans Still Spending Too Much?

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Damned if you do and damned if you don't?

We are constantly told by the knowledgeable? talking heads and other "experts" that consumers need to get back to purchasing--as in buying--as in spending.

And we're also told by the same wise one's that over-spending is what got us into the recession and got us laid off and kicked out of our homes at a rate not known since the "great depression" some 80 years ago (that a few still do remember but are not consulted about how FDR got them out of it).

So, the way out of our deplorable situation today is to spend and not to spend. A neat trick if we can pull it off?

HillbillyBill of TN @ Jun 18, 2009 13:16:34 PM

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Capital Commerce

Capital Commerce

U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

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