23
May
Economics for Dummies
Compare the United States Economy to a couple building a house… This couple is just about finished, but they ran into some unforeseen foundation issues and now when it comes to finishing the roof of their house they are in even greater debt than the $185,000 they originally intended to set aside for the house. They decide it is in their best interest to finish the roof now to prevent flooding and mold damage in the future, therefore they take out another loan. This puts them in greater debt now, but saves them money in the future and eventually they are able to move into their new house which moves them closer to their jobs and allows them to be more productive members of society.



