Heyer Capital, LLC

investment management and timely advice from a local CPA (Fox Valley, Wisc.)

Son of Stimulus, error

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Now that the political classes and leeches are clamoring for another stimulus, now is as good a time as any to dissuade you from this nonsense.

The “Economy” is often discussed as a detached entity that can be controlled, poked, prodded, studied, enhanced, depressed, and manipulated at will.   In reality, the “Economy” is you and me.  That’s it.  What’s good for you and me is good for the Economy.  The converse is true.  What’s bad for you and me is bad for the Economy.

Now let me ask you this:  is your household and neighborhood suffering because you are not spending more than you have each month?  Or are things a bit tight now because you, your neighbors, or your company already spent more than was available, and now you’re tightening your belts because of that prior excess?  If the latter is the case — and it is– then how is spending more and more of the money that you don’t have going to ‘cure’ the problem. It won’t.

Spending more won’t. Saving will.

Written by heyercapital

July 8, 2009 at 7:54 am

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