Can we spend our way to a better economy?

Nobody really knows what is going to happen, so we can only anticipate what might happen. Some believe that if we continue to spend more money, we are going to generate more jobs, therefore putting money in people’s pockets who will then turn around and begin to buy again. Other people however believe that the money that is being spent is being spent foolishly. They believe that putting money into the pockets of irresponsible companies and/or failing companies will only prolong the companies life and not necessarily save it from going bankrupt. So in the end the trillions of dollars that are being spent will have no difference at all. It’s all based on your perspective.

It is not possible to make the economy better by making the debt higher.

Bottom line is this money has to be paid back at some point, or the government will go bankrupt. If you look at your personal fiances, you can “borrow your way out of debt” (to an extent) if you borrow money at 5% to pay off previous loans at 24%. You cannot “borrow your way out of debt” by borrowing money and spending it

Up to a point, spending intelligently in productive way can be okay. The present spending is guaranteed to bury the US in such mounting debt that no one knows the consequences. It has had no effect on employment which is worrisome. It took 20 years to crawl out of the last deficit fiascos of the 70’s. If interest rates rise, and currencies become devalued then a real crisis will occur, making the present one look like a picnic. Let’s hope these guys have some idea of what thy are doing, but my gut is not hopeful. Keynesian money theory and policies are fraught with potential problems. The real problem is that those who want to return to the good old days of consumer drunken-like spending at high debt levels with cheap money are unlikely to have that scenario repeat itself. People do learn and are becoming more conservative in their patterns having been burned by the elites. These same elites, Obama included, want you to go back to your profligate ways to keep the machinery of intrusive and growing government, Wall Street bonuses, and entitlement flowing. John Q. Public is wisely resisting. A new balance will eventually be achieved, but it will take a while. People are being sucked back into the market by the spin doctors as we write. A wiser investment with far greater returns would be to pay down all of your debts, generating high after tax returns. Beware of economists, experts,and the media..all of whom thrive on your ever increasing spending and desire for more, more, more.

If we manage to keep the money in our local area, such as restaurants, local grocers and such, yes.

I’m no expert, but I figure it is better to pay someone to do some work than to pay him unemployment, the former seems more productive. But, I do think we have to deal with the fact that we are in hard time, and it is going to hurt for a while. I don;t want to inflate bubbles or false economies, so we just have to deal with them in the future, but I am ok with making some efforts to not let thigs crash, because these things are like snowballs I think. My husband is in banking and the first bail out that helped the banks was a disgrace because they basically forced banks to take the money, some banks did not even need the money. The banks are not giving it back, even if they can, because they need to the money to make their balance sheets look good comparatively.

We are in a never ending circle. Its sad, but we are slaves in our own country. I saw this video the other day and I felt so disgusted by all the lies we have been spoon fed our entire lives. We are all just puppets in the hands of manipulating, power hungry individuals.

You are all missing the point. Some are close. We cant spend our way to a healthy economy because that would give us control. The powers at be do not want us to have that.

Giving away money just gets spent. The debt still intact.
I will round off numbers, so do not stress.
600 billion credit Debt – 800 billion stimulus package.

What the president has done. and, was allowed to do by the direction and approval of the world bank. Was the old shell game.
Banks lend out money to make debt. Debt is control. Simple.

The world bank the FED gave (lent) the US Government 800 billion to “stimulate” the economy. Some of that money went to “good causes”. Nickel and dime. That is all it was and is.
Your 5 year old really likes that $1 toy. It all changes when they grow up. Then they want $200 sneakers.
People, ya need to grow up.

Most of the money will go and has been going right back to the bank. Directly, and we the tax payers have to pay interest on it. From the left pocket to the right. The few dollars that are being used for “good”? Is the price of doing business. Nothing more.

The national credit Card Debt should have been paid off. All the rules and guidelines are there to avoid it just being free money. I do not want to get into it so to keep this short.
I will say this, if you take the deal, no credit cards for 5 years except for secured credit.
Some will take the deal some wont or don’t need to. More money freed up for other “good” things. The bank will still have plenty of credit debt to hang onto.

We already are giving the banks money because they have “over extended” themselves.
The problem is the banks got bailed out and got to keep the power, the DEBT.

Want to give Citi Bank 64 billion dollars. Pay off 64 billion in Credit Card Debt. City Bank gets their money. The consumer now has money freed up. And, they cant get into Credit Debt for the next 5 years. Also, will prevent our Government from getting involved with business (the Banking Institution). Government and the Bank are becoming more intertwined.
Hopefully in 5 years we figure it out to avoid it from happening again.
The consumer, now has, let’s say, 500 dollars a month freed up. Because they do not have those Credit Card bills. They could save it. The bank wins again.
They can and will spend it. Cash transactions. That is immediately going into the economy.
They are shopping, going out to dinner buying products from your failing business that they could not have before. You business starts to pick up. Your stocks go up, more products being sold. The price of things just might go down. Plus, with more business comes more JOBS. This process would happen VERY fast.
It is win win all around.

Except for the banking institution that operates on the DEBT of others.
THAT is why the money is being spent the way it is.
Even though paying off the national credit card debt will not remove all debt, it seems it is not enough business to satisfy their (The banking Instutions) greed. Plain and simple.

Greed and power is the name of the game. The World Bank wants total control of the worlds finances and with that comes control of the people.
We the people have been hustled, we got thrown a $1 toy and walked away happy as Big Daddy east steak and lives it up.

This is not a RESSION but a SUPPRESSION. Get use to it.

The answer is no. Just like you cant borrow yourself out of debt. The only way to save the economy is to cut government spending and eliminate our debt-based monetary system.

The US’ current monetary policy is debt-based, meaning that the US pays intererest on every dollar created by the private, for-profit Federal Reserve Bank. The bank that charges us to print our own money. The intrest on this debt is currently ranking up at a rate of one billion $/day. Eliminate this an we can have our economy back.

The economy has nothing to do with the government, so stop waiting for the government to fix it it is up to you. When you spend more yo put more money in the cycle, and businesses thrive on your purchases. When you get paid, You buy things. Then those employees get paid they buy things, so on and so on. thats how our money gets all across the economy. That’s why all the government can do is spend the money to put more jobs in the system. But if all we do is save, our economy will continue to fail. This is because the principle of money, more money in the circulation, the more the value of the dollar goes down. So to save the economy stop saving every penny, and spend spend spend.