Latest Posts
Home > Debt Articles > People Screwing Themselves Out of Their Own Jobs. The Miracles of Capitalism.

People Screwing Themselves Out of Their Own Jobs. The Miracles of Capitalism.

Under what has to be classified as the irony of capitalism, American consumers are doing more to prevent themselves from kickstarting a robust economy.

Look, I’m all about getting out of debt and enjoying a life worth living, and this recent piece by Ben Stein was awesome to talk about a life worth living.

[flashvideo file=/wp-content/uploads/Decide_to_Live.flv /]

But let’s get real honest here. In America our economy depends on consumption. People are called consumers. Without retail spending the only way to keep our economy going is with government spending and a whole bunch of Becky tea people are all against that.

Placards and protest signs proclaiming “We Want a Strong Economy”, “We Want Higher Wages”, or “We Want More Opportunity” are not going to make the American economy start to race again, spending will.

The latest figures for retail and food service sales show that American’s are being damn near unpatriotic and not spending, spending, spending, at least compared to the previous month, down 1.2%. – Source. But year over year, American’s have increased spending 6.9%. I know, it’s confusing.

The concern here is if people are losing confidence and reining in spending. The economy as a whole doesn’t like that, but it is smart of individuals.

I’ll have to let you solve that quandary, do we do what’s prudent for us as individuals even though it hurts the greater economy and thus our own opportunities. Get out of debt, spend, spend, spend.


Get Out of Debt Guy – Twitter, G+, Facebook

Need More Help?

Get Out of Debt Free Hotline
debt settlement helpstudent loan help

About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.


I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.

  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.