Tsarfuller

Pressed, but not discouraged-In all things, bringing the heart of Christ to all peoples, nations, tongues, and tribes. Proclaiming the good and acceptable Day of the Lord. Even in the midst of the storm, the heart of man can know peace. Shalom.

Saturday, October 22, 2005

Consumers

http://money.cnn.com/2003/10/02/markets/consumerbubble/

Extremely informative that U.S. consumer spending accounts for 70 percent of the Gross Domestic Product, and they state then that,..."nobody wants to see it falter." The Federal Reserve actually cuts interest rates, so that consumers can buy bigger houses and better cars. The federal government plays into the fact that consumers don't know when to say when. Consumer spending is a result of a bigger issue of an American Identity Crisis. Americans have lost their identities as people. Now it is based on people who need "things".

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