My Economics professor hypothesizes that teenagers and young adults will be a driving force helping to prop the economy up long enough for a positive change.
He rejects hypotheses that the econmoy is recovering too slowly to create jobs and the rise in gas prices has chipped away at disposable income causing spending to be further reduced. He claims that teens and young adults will continue to spend as normal since they are more apt to be concerned with today and do not look to tomorrow. I do not think he is correct. Young adults *might* be prone to this behavior, but teens are often still reliant on their parents' income for much of their spending. The ones who live paycheck to paycheck and spend it all every month are reckless enough with their money that it is not believable that they will make any positive impact on the economy long enough to matter, especially since they are doing nothing to increase their financial worth and purchasing power. Opinions? Especially from those with older children? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:339651 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
