Consumer Spending, Personal Income Increase

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Supporttree of 8:36AM January 07, 2010

An economy driven by comsumption, in time, is as good as termites are to a wooden structure. The present evidence is its testimonial. Yes, the consumption fueled by living beyond individuals daily means with credit cards fully loaded beyond capacity.
Yes, our very Federal Government now in debt over 100 trillion dollars on top of it! While George Washington left these wise words: "No pecuniary consideration is more urgent than the regular redemption and dicharge of the public debt: on none can delay be more injurious or an economy of time more valuable".
Thomas Jeferson left these wise words also: "The principle of spending money to be paid by posterity, in the name of funding, is but swindling futurity on a large scale".
Question: Why has the business of Personal Storages spread all over America? Yes, stuff bought on credity mostly stored never tuly be used, or what? But now happiness because consumption has risen, to add insult to injury? What else?

H. D. Schmidt of CA 9:01AM June 30, 2009

This has not helped the working class people at all. For me, it roughly gives me around a $13 p/week more----I can't even say more, because of the taxes. I don't see a difference! The gas prices are killing the working class people! If you want the economy to get out or recession--regulate the gas prices and food prices!! They both are rediculous!!

Stacey of MO 3:08PM June 29, 2009