The Spenders

We have heard a lot over the last several years regarding the "Job Creators" ie rich folks. We've heard how they must be swooned, coddled and protected from any financial inconvenience so they can continue to create jobs. But the so called "job creators" are only one piece of the complicated puzzle we call economics. Another giant piece of that puzzle is the working middle class - those normal families trying to get by paycheck to paycheck. I call them "The Spenders". Without the commerce of day to day life of normal working folks - there simply is no economy. So, to improve the economy we must help the spenders spend. How? Easy. Get them more money. Not more credit - more money. There are really only two ways to do that - lower prices and/or higher wages.

Prices just continue to rise. And the only raise I've gotten in the last 5 years is from the Federal Government in the form of a payroll tax break that saved me over $1000 this year. Believe me when I say that made a significant impact in my very tight budget. Yes, I spent it - I had to. But while the job creators are clinging to their own multi-million dollar tax breaks, they want to take away my $1000 break that was supposed to be extended for another year. Somehow it doesn't seem fair.

The point is that the job creators do hold the reigns on economic recovery through job creation and government policies that affect the working middle class. Right now - quite on purpose I believe - they are pulling on those reigns and slowing the economy. The economy will not recover until they let go of the reigns and give the spenders the power to spend. But why would they purposefully slow the economy?

It is the one dollar question that is so easy to answer you surely don't need my help.