I do not understand economics. Therefore, I am having a hard time figuring out why so many nations are currently experiencing dire economic situations. Why is it that, because so many people are not buying as much as they had been, our economy hits rock bottom? That only leads me to believe that, in order for our economy to be strong, we need to keep buying things we really don't need - that a strong economy is really based on financial "fluff".
Don't get me wrong. I feel badly for the people that have lost financial security due to the current economic crisis. However, we should not forget about the many people that had no financial security even when the economy was healthy. Imagine if those people had adequate opportunities to gain some financial security - assistance in finding employment, assistance in developing marketable skills, etc. Maybe they should be the target of any stimulus or bailout funds. Then they would be able to buy the things they need - food, shelter, clothing, transportation. That would stimulate our economy.
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