Seltzer and Evaporating Clouds
I've had the great pleasure over the past year to work on a key strategic project with some consultants from the Goldratt Group (including a trip to Amsterdam last year (to work directly with Eli Goldratt - see Jamming With Eli ). David Leonhardt's Economic Scene column in today's New York Times ( To Spend or to Save? Trick Question ) addresses the conflict many people are feeling right now between spending and saving; the paradox is that we need spending to improve the state of the economy, but we need savings to reduce personal debt, recapitalize banks, etc. Given all that, it's hard to know what to do, and the natural instinct is to hunker down and stop spending any more than is absolutely necessary. Leonhardt writes: It’s your fault. Part of it is, anyway. You, the American consumer, spent too much money. You bought too much house, took on too much debt and generally lived beyond your means. Your free-spending ways helped cause the worst financial crisis since the G