The government may say spend more money and that is meant to stimulate the market and create jobs for people. Of course it is easy for the wealthy to say this knowing they have the money to spend and it is harder for the lower middle class and poor. The bulk of society has less to spend and is unwealthy, so spending has to be smart and well positioned when it comes to re-investing. This is why recovering from a national debt is a very important issue and people have to think twice or more about how they can put their money to good use, how to spend theor hard earned cash and how to save for the future.
So telling people to spend money just to stimulate the economy has not been on the tip of my tongue, especially if I have been speaking to low income earners like myself. Situations are improving they say but slowly as recovery has hit big industry but not the cultural and educational sector where I have been conecentrating lately.That said, it has been suggested that for people who want to get out of debt, that they reconsider their work interests and try something else where more money can be earned.
Recovery can be longer than expected of in fact we have been finding bogus investment deals where people have invested their money and then the organizer has run off with their funds or their nothing left of the fund altogether because of excessive spending on the part of the financial executive manager. We need to look in the past practices of businesses that have approached people for their money with schemes on how to make your money grow. True, one way to make money is to take risks, but with a recession still here it would be wiser to question where your monry is going to go and how it is going to be used in order to make a profit.
It is best not to panic, that recovery will be in full swing but we really don’t know how long it will take and there are concerns for the attitude of continued spending on one product: autos. The global economy does not just rest on cars, there are other industries and other employment factors at stake besides that of the car industry. Planning then for smarter recovery program which would generate work should then address the issue of helping other sectors where people are working and cab help the economy grow too!.