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]]> By: Wojciech Kulicki http://20smoney.com/2009/11/27/feelings-of-wealth/comment-page-1/#comment-3050 Wojciech Kulicki Tue, 08 Dec 2009 11:46:07 +0000 http://20smoney.com/?p=1193#comment-3050 My thoughts on this have always been that if people "feel" like the economy is improving, they will help to pull it up. A lot of individuals make personal spending and business spending decisions based on what they think the economy is doing next. For example, a year ago I might not have made a large purchase because I was concerned about my job. Today, I might go out and buy that flat screen TV (with cash, of course), because job security is looking much better. Doesn't that then help the economy overall? Just my 2 cents... My thoughts on this have always been that if people "feel" like the economy is improving, they will help to pull it up. A lot of individuals make personal spending and business spending decisions based on what they think the economy is doing next.

For example, a year ago I might not have made a large purchase because I was concerned about my job. Today, I might go out and buy that flat screen TV (with cash, of course), because job security is looking much better.

Doesn't that then help the economy overall?

Just my 2 cents…

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