THE MAJORITY OF THE ECONOMY RUNS ON DISCRETIONARY INCOME ON EVERGREEN COLORADO REAL ESTATE
One reason the economy is hurting is that most businesses cater to the discretionary spending of the American consumer. Discretionary spending is income spent on anything other than a necessity. In the past many purchasers were charged on the credit cards and the American consumer was confident that their job and income was secure, and that they would have no problem paying the bill. Now, many people are not charging luxury items and in fact are using the credit card only for necessities. Consumers not longer have the confidence in their future earnings as they did before; and for good reason.
As more and more of the products and services we buy are manufactures and developed overseas then more and more of all our jobs will also migrate overseas; it’s just a matter of fact.
Unless the American people start getting serious about their country and reject the conventional political wisdom our recession will never end. We need to take positive steps to create an atmosphere where every citizen is confident about their job and their future. We need to stop the hemorrhaging and protect our markets and our industries from foreign dominance.
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