Passing the Buck

As someone who was always a big 'saver' in the past, although I'm sure I've purchased my fair share of worthless crap, I find myself now in a position where I'm helping the economy.  It's about bang for the buck.

I have been remodeling a home, that makes my house a better investment cause it's less likely to fall down or get shaken off its moorings, so I've been investing in my own future. But, I'm also getting bang for my bucks on the local scene.

I hire contractors, some of whom employ helpers who need the money and spend it right away.  

I purchase materials from local businesses, some recycled, which helps those businesses stay in the black, and who need the money and will spend it.  

It's all about buck passing.  My earned bucks go to workers and small business owners who pass it to their workers or to restock their shelves or to spend on food and education and housing.  

You get the most bang for bucks that keep on getting passed.

That's how we'll save our economy, by providing jobs with wages to those who'll spend them at places that will spend them at places that will spend them.  And we'll be investing in our collective 'house.'  

Tags: bang for the buck, crisis, Economy (all tags)



Re: Passing the Buck

Here, Here! Let's all keep passing the buck and paying it forward.

by venician 2009-01-12 08:00AM | 0 recs
Re: Passing the Buck

it does feel good, like that.  Of course if credit weren't so tight, there would be more like me, but the big spender needs to be our government, who is responsible for investing in our collective stability. Those green energy jobs, how much will they 'generate?'  (hint: lots)

And there is also the investment in our human infrastructure, our kids, our health, let's hear it for universal pre-school?  Let's hear it for skills training?  Employ teaching-tinkers, and lets get our sinks unplugged, our living rooms painted and our toilets flushing?  

by anna shane 2009-01-12 08:04AM | 0 recs
Re: Passing the Buck

Credit may be loosening. The TED Spread is falling to earth, suggesting that banks are getting over their credit risk fears. Still has a way to go before it returns to normal .3 ish.

by souvarine 2009-01-12 08:18AM | 0 recs


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