At least that is the latest headline in the news. The Associated Press reported a story that consumers are being cautious about what they spend and that is hurting the economy. “For the economic recovery to gain strength – and the unemployment rate to come down in any meaningful way – consumers will need to become less frugal.” While I understand the basics of economics and how less spending can influence employers to be wary about hiring new employees. This can then affect the unemployment rate, I have to take offense at blaming the economy on frugal shoppers. Are we … Continue reading →