What are you doing to help the economy?

Discussion in 'Random Ramblings' started by dacjohns, Oct 3, 2008.

  1. dacjohns

    dacjohns People Cracker Upper

    Earlier this year most of us got some money in the form of an economic stimulus payment. Apparently it didn't do what it was supposed to do since financial institutions are going under. Our (US) government has now found it necessary to help the economy with the "bail out" bill.

    I am not an economist by any means and I find it hard to understand how a bunch of bad home loans has snowballed to the point that some of the pillars of our financial world are in extreme trouble. I am not asking for an explanation, I am just laying some groundwork for this post.

    So how does the US typically fix a problem? By throwing money at it.

    How are you throwing money into the economy? Using your stimulus payment didn't work. What are you doing now or what are you going to do?

    Since trickle down doesn't seem to work it's time to trickle up. That kind of goes against the laws of nature.

    Me. I bought a new car today. I feel rich. The salesperson make some money. The dealer made some money. The people that made the car made some money. The company made some money. Everyone involved in the transport etc. of the car made some money. And on up the line. Since the car is more fuel efficient I have more money to spend on other things and it is supposed to be better for the environment.

    The downside: It was a 0% interest loan. It is more fuel efficient so the oil companies don't get as much.

    So that's what I did to help the economy.
     
  2. banter

    banter Chillin' With My Peeps

    Mar 3, 2008
    Raymond Maine
    Whatever I can't grow, or whatever else is available locally gets my bucks first.
     
  3. chickiebaby

    chickiebaby Chillin' With My Peeps

    Jan 2, 2008
    western mass
    Buying as much as I can locally, from my friends and neighbors.
     
  4. ODS-n-ENS FARM

    ODS-n-ENS FARM Chillin' With My Peeps

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    Sep 16, 2008
    NH
    COGRATS on the new car and thank you for helping the economy
     
  5. m_herrington

    m_herrington Chillin' With My Peeps

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    Apr 18, 2008
    ohio
    Hmm... Well, since spring, I bought land, a used car, supplies for the chicken coop ($1200+), some new windows for my house, etc.

    At this point in the game, I am not buying anything else big and I am not buying anything non-essential anymore. I am facing the possibility of being laid off.... and they never lay people off where I work.

    I am hunkering down and stocking up on essentials. I think I did my share to help the economy as much as I could. I am not in the position to keep spending money and I am terrified of what is going to happen in the next few months or years....
     
  6. roosmom

    roosmom Chillin' With My Peeps

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    Jun 3, 2008
    upper peninsula
    I also am no expert, as a matter of fact I am very confused by the whole thing and very very mad because they dont listen to us, WE THE PEOPLE. I even sent an email to the president that started with "what the hell are you people thinking". He probably wont read it or get it. Anyway onto the question, What am I doing to help the economy?...... Going to work everyday, buying groceries, paying my bills, paying my Home equity loan payments. That is all I can afford to do.
     
  7. bluebirdfarm

    bluebirdfarm Chillin' With My Peeps

    splurged on a pisece of ****GADS ** jewelery !
    a silver braclet [​IMG]!!!

    love it !
     
  8. JennsPeeps

    JennsPeeps Rhymes with 'henn'

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    Jun 14, 2008
    South Puget Sound
    Not going into more debt!

    DBF has been unemployed for some time now, so we're really watching every penny. I've gotten into the habit of just not spending money. I never use my debit card anymore and only spend cash.
     
  9. Rhett&SarahsMom

    Rhett&SarahsMom Chillin' With My Peeps

    May 8, 2008
    to tell you the truth I havent curbed my spending that much at all.[​IMG]
    I mean we did get chickens for the eggs and such, but we spent $$ on the coop and run. I buy feed for them.
    I still have my pig of a horse. And he isnt getting cheaper:rolleyes:
    I still buy my kid clothes, and an occasional treat.
    We still buy books. And an occasional DVD
    We dont go to see movies as much, but that just means the movies stink.
    I am hooked on Etsy(heaven help me) But I figure I am helping people out there as well.

    Yeah, we buy in bulk. A LOT. But it is because we can. We have the room to store canned and dry goods etc.And more to come when I get the basement more cleared out.

    I dont see the bailout helping anything. IMHO it is just big business whining and getting what they want
     
  10. cluckychick

    cluckychick Chillin' With My Peeps

    Mar 29, 2008
    South of KCMO
    Well last week DH and I spent a buttload of money on new roofing materials for our house. From the rafters to the shingles but we our doing the work ourselves. Couldn't afford to pay someone else, lol. Stimilus check went toward buying a chicken coop and a new tiller. I think the goverment should give us the money instead and let us spend the money, lol.
     

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