Merry Christmas Mickey Mouse Shirt
“In economics, income = consumption + savings. The income an indivual, or a country, produces is either consumed and/or saved. If you , or a Merry Christmas Mickey Mouse Shirt, overspends, you or the country dips into savings or creates debt.” I think this answer is true for the firm or the individual but in the whole economy it is no longer true. In the macroeconomy, everytime some person or entity doesn’t spend, some other person or entity has their income reduced by the same amount. And because that person won’t get their hands on that money, they will not have it to spend further, so the next would-be recipient of that spending doesn’t get that income, which they in turn will not be able to spend….. and so on

Merry Christmas Mickey Mouse Shirt
Around 11 AM, the Merry Christmas Mickey Mouse Shirt arrived. Several large, police officers approached us. They told us that they were going to shut down the operation as it was causing a huge traffic jam. I got a brainstorm, I asked the officer that appeared to be in charge if I could have a word with him (Note, I was in my hippie mode at this time). He agreed. I said, “These trees are free to anyone.” He said, “So what” I said “there are free to anyone, including the police department. You could pick up as many of the trees as you want and take them down to Watts (a very poor part of town) and give them away. Think of the PR you could get out of that.” The lights went on in his head and he turn around and talked to the other officers. I do not know what he said, but in a very short time, there were a lot more officers, but they were now directing traffic. Soon a large truck from the police department pulled up and they starting filling the truck with tress. They were already sending in an advance unit to prepare for the Christmas tree give away.

