how do you define "strong economy"?

Answer 1

G'day inumber9,

Thank you for your question.

My definition of a strong economy is having low unemployment, sustainable rates of economic growth and low inflation.

Seasons regards

Answer 2

it is when people are spending their money and also being able to save it. in other words, people have "disposable income." gee, i remember long ago, when i had some!

but really: when most people spend money, it is a domino effect. every time you purchase a product, you help support the wages and salaries of all the workers down the line that made that project. so when they make their money and can spend it too, they in turn help the makers or producers of whatever it is that they buy.

when 911 happened, the first thing i did was make a few cell phone calls because the regular telephone lines were blocked. the next thing i did was go to my bank to withdraw CASH, since the ATMs may have gotten closed down. the third thing that i did was go on a spending spree because i knew that the disaster would make people afraid, afraid to do anything, including spending money. witnesseth how american and united airlines lost so much money that they almost folded. (and do you recall that a new york law firm gave $500 to each of its employees the day after our attack? but they had to SPEND that money, that was the deal). fear is bad. the greatest fear that we have is fear itself.

Answer 3

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