Have you unpacked those shopping bags yet? Have you recovered from the exhaustion, the excitement, perhaps the frustration of searching for the best deals and not getting them?
Shopping for the Christmas holiday season has officially started, and though reports are preliminary, the people of America delivered and did their patriotic duty to go shopping. With all the talk of being financially responsible, spending (or shopping) is something one really must do to live and is actually needed to stimulate the economy. So yes, it is important thing to do, and especially if you shop for something or use the services of local businesses, you are helping people to stay / get on jobs in your area.
On the other hand, if you can’t help but buy imported items, you help people still on the other side of your borders. That’s still OK, keep the money moving around. When businesses are profitable they are able to keep people employed and perhaps expand and employ more. They can also keep servicing their debts (that most businesses have anyway) — that in turn could be used to lend to others. So yes, this is the time for Economic Stimulus Packages a.k.a Shopping Bags.
(Articles below on the massive shopping event – Black Friday’s turnout.)
Economic Stimulus Packages - photo by Rembulan Indira
http://www.bloomberg.com/news/2011-11-26/consumers-in-u-s-release-pent-up-demand-amid-brisk-black-friday-traffic.html
http://money.cnn.com/2011/11/26/pf/black_friday_sales/index.htm?iid=Lead
