Spend or Save - Which is more Patriotic?

In these tough economic times people are hoarding money into savings accounts like never before (Bureau of Economic Analysis) , yet many economist are screaming for us to spend to jump start our economy (New York Times). While I've always considered myself to be patriotic and support our country and its interests, I have to wonder is our country doing the same for us? If the U.S. economy is based on consumer spending, then why did it fail? Americans spent everything, savings were at an all time low, investing was at an all time high. Our economy was thriving so much, they let anyone spend more than they had, and spending was the downfall of our economy.

So now the government and their economist want us to spend. We have seen increases in health care, gas and food, and a reduction in wages, jobs and equity in our assests, and they still want us to spend? Is it unpatriotic to look out for your family and save money for the future? When I talk about saving, I'm talking about old school, sticking money under your mattress saving. You can't invest money, the market is so up and down. You can't trust the banks, they are taking bailout money to pay bonuses to executives that made poor decisions. If I save money, will I be the cause of the failure of the economy?

Maybe, but there are solutions to this problem. Spend money to save money! That's right, you can actually spend money on things that will save you money in the short and long term. Buying a membership at a Costco or Sam's Club and buying in bulk will save you money. Installing a electronic programmable thermostat will save you money. Purchasing a more fuel efficient car will save you on gas prices. Buying energy saving windows and adding insulation to your home will save you money on energy bills. There are lots of ways you can spend money to help our economy and yet still look out for your family. Maybe we can be patriotic and save money at the same time. All hope is not lost.