What recently have you done to speed up the economic recovery? Yes - I mean you. Each and every of us needs to do our part. Mostly, by spending money. The big problem with getting out of the current recession is that so many people decided not to spend their money on things that move the economy forward, so called "durable goods". Things like vehicles, appliances, electronics and, yes - homes. Without consumers spending, this economy will go nowhere.
Yes, I know - people are scared to death watching the unemployment numbers. Let's put it in perspective though - there are countries in Western Europe that haven't seen unemployment that THAT low even in the good times. Still, people in those countries have been buying cars and homes. They are still doing that, even in Spain, where close to 20% of people are without jobs. Frankly speaking, spending your money on durable goods is probably one of the best ways to help your unemployed neighbor.
So, don't ask what U.S. economy can do for you, ask what you can do for the U.S. economy!
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved