Saturday, December 18, 2010

Frugal Spending

Today, we went shopping and regretted it. It's the Saturday before Christmas and everyone seemed to be out shopping, including their grandparents, their children, and their dogs. People were literally leaving the stores loaded with bags of goods. I almost thought Santa Claus had stopped in and was giving things away. I was pleasantly surprised to see this flurry of activity, but it meant being in line for a long time. We opted out and will try again and go during the week instead, or maybe not.

I was wondering, given the frenzy in shopping activity, if this was spurred on by the recent declaration by our Federal government that unemployment will be extended for 13 months and tax cuts to the middle class (and upper class) will take place as of January 2011. So now people think they have more money in their pockets to spend, which is a good thing and a bad thing. It is good because the money is going back into the economy, but at the same time, we're moving in a self defeating cycle. More money does not mean we have to spend it more, folks. What is wrong with saving some for a rainy day? It is not how much you have that counts, but what you do with it. I know some elderly folks that live off of 500 dollars a month and that is sufficient for them. Yet other can't make ends meet on 2 thousand a month. Go figure.

Our government has spent over 13 trillion dollars of our tax money, and doesn't seem to be stopping anytime soon. Our future does not look bright. People need to pause and think seriously about where our future lies in America. If we don't, our children will suffer needlessly because of our selfish steps of immediate gratification.

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