Congress & Obama's Spending Habits (Not Dying)

[carcabe]

You cannot spend/consume your way to economic growth and prosperity. Prosperity is a function of investment. Investment comes from savings. Savings come from DEFERRED spending..

Trying to spend your way to economic growth is puttng the cart before the horse. It is downright childish.

Growth through saving then investing won't bring instant results but it is the only way. Spending for prosperity may look as though it's working in the short term. But in the long term it will bring disaster

[cbass236]

good point!