[quote=briansd1][quote=flu]
Come on, do you really think people who are protesting against corporate greed, rich people’s excesses are really protesting FOR financial frugality??? [/quote]
How about some regulations to prevent banks from dumping toxic products on the American people at usurious rates, regulations championed by Elizabeth Warren. If those regulations result in less credit available to those who can’t afford the credit, then all the better. We would then end up with more frugality.[/quote]
Frugality increases unemployment and decreases profits. We can’t have that in a consumption growth based system because of it’s economic consequences.