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I'd like the change the world, but mostly I live inside my own head. Here are some of the things I think about.

Thursday, August 04, 2011

The Consumer Economy

You know, on the one hand I feel like Obama should say what Bush said: Go out and spend; if you have a job, start buying. If we have a consumer economy, people need to consume. On the other hand, that's absurd because our consumer economy was based on nothing, on extended credit and money people didn't really have. How much do you have on your credit cards?

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