Karl Stoneking
Dollars and Sense
January 30, 2012
Hopefully you were here yesterday and heard Mark talk about "Give, Save & Live". I don't know about you, but finding that balance between being a responsible saver and an irresponsible hoarder can be difficult. It even creates some "healthy tension" in our home. Well, this tension has carried over into the financial world. Economist are now arguing about whether we as Americans should be saving more or spending more. Some economist are actually worried that Americans are saving too much now and that our lack of spending is bad for the economy. So, who's right? The economist who thinks its our duty to spend more for the good of the country or the economist who thinks that it is in our best interest to save more?