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I'm confused
Correct me if I'm wrong, but from what I can understand, the reason the economy tanked this time was because people were, and were encouraged in, legally and otherwise, spending far beyond their means (primarily because real estate skyrocketed out of the reach of most people unless they did, but also due to rampant consumerism).
So it would seem to me that the way to fix the economy is not to get people spending more than they can afford again, but to figure out a way to get the economy healthy again that doesn't require rampant consumerism.
Perhaps by becoming a "making" or "creating" economy again, instead of a "buying" economy?
Or am I just clear out in left field here?
So it would seem to me that the way to fix the economy is not to get people spending more than they can afford again, but to figure out a way to get the economy healthy again that doesn't require rampant consumerism.
Perhaps by becoming a "making" or "creating" economy again, instead of a "buying" economy?
Or am I just clear out in left field here?