January 06, 2009

No sir, it is not the individual citizens responsibility to help the society to spend itself out of the mess.

Sir you write “Saving the savers is not the priority” January 6 and, in that, you are right. But then you go on saying “This is surely the right time to encourage people to spend, spend, spend” and, unless you are yourself doing that and giving exactly the same advice to your own children, this is a shameful thing to say.

Yes it would be lovely if all consumers by magic fully recovered their confidence in the economy but while the economy is not showing a clear direction of where it is going the individual responsibility of a citizen that a country could be proud of, is to save, save, save… even if not for any other purpose than to have the money to pay, pay, pay for all the taxes that will come.