There’s no doubt that the US is facing a financial crisis of epic proportions. The exiting administration and the newly elected one have both confirmed that it isn’t going to be resolved anytime soon. It’s likely that Americans will be spending less this Holiday season, out of necessity. Even those who have been putting money away for this time of year may be wondering if those savings won’t be needed elsewhere.
Despite the economic crisis, Americans will still be out there spending their hard-earned dollars over the Holidays. We know, too, that spending is necessary to stimulate the economy. In order for our money to work, it has to move. One way we can help ensure that our spending has a positive effect is to try to spend it on the right items, in the right places.
Now, you may be thinking that I’m about to tell you to “Buy American”. While this may initially sound like the solution, it’s not as easy as it sounds, and there are some valid arguments to this strategy. Take one of the top “must have” items on this year’s