As our economy falls farther into the depths of recession, collective consumer saving is not the best way to keep our country from entering a full-blown depression.

The stock market and home-mortgage crisis here has caused most of America to lose a large percentage of their savings over the past year, which has in turn caused consumers to stop spending completely and save everything they can.

The problem with this is that the revenue that the economy loses when people save money causes the recession to get worse because there is not enough money flowing through the system.

When the economy slows, people’s fears lead them to save more of their income, but this only further slows the economy making it take longer for our country to rise out of recession.

Saving money on a massive scale around the country is a selfish act of greed by the American people because saving money only helps and profits one person greatly, but when money is spent and pumped into the economy, many people are helped and are able to share the prosperity.

When too much money is saved and not spent, the government decides to replace that lost money with government stimulus money to make up for the lost revenue incurred when Americans save most of their money.

President Obama’s $787 billion stimulus package came about as a result of American’s refusal to spend money to give a boost to our economy. The government is not only spending our tax money, but also choosing what they spend it on without the taxpayers consent.

Spending in this economic downturn can be very profitable for those who can afford to spend money because there are a lot of enticing deals on the market.

Economics states that when two people are in an economy and both people save, it hurts the economy because there is no money going in.

If both consumers collectively decided that they would both spend, neither would benefit more than the other, and there would be enough money for the economy to be successful.

Essentially, our economy is based on trust between consumers and if one or both sides are fearful of the economy and choose to save all their money, the system will slowly crumble.

But if consumers show trust in each other and collectively spend together, our economy will rise out of the ashes and move forward into prosperity.