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Re: The Stimulus Package
Old 02-16-2009, 07:31 PM   #75
BreakABone
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Default Re: The Stimulus Package

Quote:
Originally Posted by Typhoid View Post
Personally, I don't think anything will change.

You can pour money into whatever you want, but as long as people are scared enough about another "depression", they will hoarde their money, and not spend it as frivilously (in most cases).


Once things tend to get really bad, they don't get better until they hit what appears to be rock bottom - and I just don't think there is any stopping that. Slowing it down, sure.
That's the bottomline really.
As long as people continue to believe in a recession and hard times, they just won't spend money as much.

Or if they get extra cash will save it or use it to pay down debt more rapidly than spending on frivolous things.
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