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I don't know about you, but I'm about sick of the mainstream news media with all the economic gloom and doom. I do know that our country is in a bad economic situation, but I also think the media has made it worse with all the negative news.
Who actually controls the economy? Nope, not the President, Congress, or the media, although all of those have a significant influence. Maybe the financial institutions? No, but they have also had their fair share of damage done. You and me, everyday consumers, are actually in control of the economy. The decisions we make every day concerning how we spend our money completely controls the economy. If we stop buying cars, the dealerships lay off employees, the manufacturers reduce production or worse, close plants, and subsequently all the suppliers to the process suffer as well and do the same. It seems like a vicious circle, doesn't it? We stop spending because we are uncertain of what the near future looks like, but we end up putting ourselves out of work due to the lack of spending! I'm not saying we should go out and recklessly spend, but I bet if we couldn't see ANY news broadcast or print for 10 days, the economy would dramatically change for the better. Here's hoping for brighter days to come! | |
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