A Brand New Deal?

Toner On A Dollar

Money, Money, Money. Do I get any part of this $700 billion bailout?

NO?! Why NOT?

Money’s tight. We all are feeling the crunch that our government and our banks have us in.

Part of me wishes the U.S. had just left the banks to their own devices. Let ’em fail. I know, I know, this may have brought about another Great Depression, right? But maybe it would help eliminate the sense of entitlement we have. I’m mostly talking about the people who think because they have a credit card with a $10,000 limit they can buy 10 grand worth of clothes and tv’s.

There is definitely a connection between this sense of entitlement and what it means to live within your means. Earning a days wage and saving money isn’t what it once was.

The problem is bigger than us. The flow of money is complicated, so much so, that had the banks failed I think we would have seen a ‘grand depression’- yes- but only for a short time- long enough for a new wave of entrepreneurs and new ideas to take the lead and build our economy from the ground up.

Fixing a complicated and intricate economic process by throwing $700 billion may hold off the problem for a few years- but it is not a fix.


Mike Toner

Based in Alexandria, Virginia Michael is the Manager of Social Media at Navy Federal Credit Union. By evening, he's a husband, dog owner and runner. Toner writes about social media strategy, tools, training and best practices for social and digital marketing programs.


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