patrick.net

http://investmentwatchblog.com/report-its-your-fault-fed-says-americans-who-hoard-money-are-to-blame-for-poor-economy/

The question that many are asking is, how did this happen? How, after six years of recovery efforts and trillions of dollars printed, is it possible that the economy is not booming again? This week the Federal Reserve published a report that claims to have figured it out and it turns out that the renewed economic downturn has nothing to do with foreign outsourcing, high taxation, increased health care costs for business or rising consumer prices for food and energy. No, according to the Fed it is your fault. Apparently, you are not spending enough money. In order for the...