Is it Patriotic to Shop?

I believe that it is our patriotic duty to our country and to the world to shop. Only to the extent of what our budgets would allow us to do and be able to save money for our future as well. We have to be careful on how much we spend to try to kick start the economy. What I mean is we have to be smarter on how we shop. We have to account for every dime we spend and save as much as we can by being good coupon spenders and discount buyers. We can’t allow ourselves to over extend our budget as many of the world’s governments have exceeded their budgets, now can we?

In today’s economy, it is going to take every responsible American to spend what we can in order to turn it around, especially the wealthy. Also, all the other countries’ citizens need to be patriotic to their countries as well and to do their part. We are not the only one responsible for turning the economy around.

My reasons are simple, if we don’t do our patriotic duty, and other countries don’t do their patriotic duty, to spend what everyone can afford, the economy gets worse. It’s about supply and demand. If the supply is there with no demand, the economy crumbles. If the demand is high and the supply is low, the economy flourishes. My other reasons, it is the responsible and the right thing to do.

Look at the housing market. That market took a huge hit. Millions of people are now jobless and homeless. And now the commercial property market is looking horrible as well. According to a congressional oversight panel, a total of 1.4 trillion in commercial real estate loans will require refinancing in the next four years; half these properties’ value has dropped like a rock. (CNNMoney.com)

I wish there was more the world could do about the economy, it makes me sad the way millions have lost their homes to foreclosure.