Count me in. I hate the Party Lite and scrapbooking invites. I do like some of the Pampered Chef stuff, but playing cards and drinking beer with Doper Chicks beats Mary Kay and Tastefully Simple any day. 
Asshole troll wants a little more pile-on action, I see. :dubious:
Preach it, brother!
Remember the good old days, when people used to just shame people by talking about people starving in China? Now we’re being shamed because they save more money than we do. What progress!
I’m not an economist (maybe you are, guyblond, to have come up with that conclusion), but it was my understanding that spending helps an economy, and saving stalls it.
I’m an amateur economist. I don’t think that consumer spending results in economic growth in the long run. Saved money is still spent by someone, it’s just not sitting in the bank. The difference is that the spending is on capital investment and infrastructure. These things improve productivity. Consumer spending is just what it is… consuming. Both kinds of spending have their place. After all want productivity so that we can consume. I think that economic policy in this country is biased towards consumerism. The idea that going out and buying things that one wants is good for the economy is appealing to most Americans (rationalization perhaps) Also folks that’s sell consumer goods like the idea.
Alan Greenspan also thinks that individual savings rates are a problem. This is why he supports moving away for income tax to more of a value added tax. With this tax system one does not pay tax until one consumes thus creating incentive to save.
I will agree that US consumer spending has resulted in economic growth in China…. where the average Chinese saves 25% of their income.
Oh, you need my BS.
Beyond being a poor fiscal manager, why did you purchase merchandise which you could not afford?
What doesn’t cost any extra? If you cannot bounce a check, what could possibly cost extra?
A week late and five bucks short, Mince. The OP has backed down, admitted the error of her ways, and stated how she will make amends, and the dogpile has disbanded.
Yeah, ok, busted. I could not wait to waid through 240 replies (or how many ever replies it took for the OP to capitulate) to express my dismay. I official withdraw from the pile.
Isn’t the immunity from bounced checks called an overdraft facility? That costs extra in some places.
And what is meant by “I cannot bounce a check”? If you write a draft for a debt you cannot pay, you’ve bounced a check, regardless of who decides to cover your debt.
No, Mince, bouncing a check means it bounces back to the person to whom you issued it. If you have overdraft protection, you go into overdraft, but the person to whom you issued the check will never know about it.
That’s what I thought. I think it’s probably also the case that the bank presenting it doesn’t ever see it as anything other than honoured. No ‘bouncing’ takes place - the check is honoured and the account against which it is drawn goes into overdraft.
Yep, that’s it.
OK, now that this thread is long enough that people may not see the OP’s retraction before responding, I think it’s time to close it. Anyone wanting to continue a discussion started in here can start a new thread.