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I'm reassured that many Salon readers understand the crux of the real issue here--that throwing shopping dollars at our problems will not fix what ails our economy.
"For American consumers to buy $400 billion worth of goods now would require maxing out a ton of credit cards, and digging themselves even deeper into debt"
Exactly, and yet we've heard a slew of industry pundits trumpet over again how our "duty" is to get out and shop. Who really benefits here when all this junk is shipped from overseas and tacked on to Americans already enormous credit debt?
So keep buying that stupid junk, because the banks need your business. The "economy" they care most about is their own. It's about time for Americans to care for themselves by getting out from under credit and not blowing money on this stupid garbage.
Does anyone remember what a real economy is about? Hint: it's not about "lifestyle upgrades".
