The Daily Campus

Issue date: 10/10/08 Section: Commentary

Not only does cutting all excess expenses hurt people and their families, it hurts the economy in general. The cycle of money starts with a consumer and links to production and jobs.

After the Sept. 11 attacks, many Americans refused to live in fear. But if they stopped everything they were doing, then the terrorists won. While stock market drops are nowhere near as horrific as terrorist attacks that claim thousands of lives, the same attitude should be applied to the bad economy. As important as money and finances are, they shouldn't be allowed to take over our lives. If they do, then the crisis wins, and everyone lives in a state of fear.

The nation is focused on the economy right now with solutions ranging from a giant government bailout to new economic plans from each presidential candidate. Times may be hard right now, but we'll find a way out of it - this isn't the first time America has been in a financial crisis. Money troubles and a bad economy are legitimate causes of stress, but reacting to these problems in ways that hurt yourself or others creates a tragedy much bigger than a stock market drop.

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