Free to Consume, Or Not

As someone who is rather less eager to consume than previously, I feel harassed by the government, mainstream economists, and news media. You may feel the same way. Apparently, we aren’t consuming enough to suit them. At least that’s what they want us to think. More than that, they want us to feel guilty and do something about it–such as going into debt. Hence the Fed and Treasury’s program to make it easier for us to borrow.

The rest of the latest TGIF, "Free to Consume, Or Not," is at the Foundation for Economic Education website.