Economists Blame ME for the Slow Recovery
|August 6, 2010||Posted by Roshawn Watson under Uncategorized|
By: Roshawn Watson
You are responsible with your money. You plan your purchases to be within your family’s means. You don’t deprive yourself of fun nor manipulate others to obtain good deals. You are simply looking for value. This is my strategy along with millions of other Americans. It is a solid path towards prosperity and will contribute to overall economic growth, but that doesn’t get the press. Instead of admiration (or even understanding), these efforts garner contempt as the frugal once again get the blame for dismal economic activity.
Economic recovery falls to thrifty consumers
In his article entitled Economic Recovery Falls to Thrifty Consumers, Martin Crutsinger recently wrote:
“For the economic recovery to gain strength — and the unemployment rate to come down in any meaningful way — consumers will need to become less frugal.”
Copyright 2012, Roshawn Watson, Pharm.D., Ph.D. All Rights Reserved.