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Queen Cuts Back Spending email this discussion to a friend?

myLot reputation of 80/100. rosettaresearch (973)   ranked 97 out of 3,558 in frugal living1 year ago

In order to avoid appearing uncaring in these tough economic times, Queen Elizabeth II has ordered her family to cut back on the partying and spending.

http://www.breitbart.com/article.php?id=081214061314.6prawnk2&show_article=1

However, don't you think that those who HAVE money to spare now should be spending it in order to stimulate the economy? By buying hats, and dresses, and the younger kids partying and tipping lavishly, it helps out those who aren't selling as much right now.

What do you think? Have fun, but be respectful.

 
 
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tags:  queen, saving, budget, royalty, living
 
1. myLot reputation of 96/100. snowy22315 (8111)   ranked 113 out of 3,558 in frugal living   1 year ago

Yes, I think this is a wise move for the royal family. Keeping the monarchy around costs Great Britain alot of money and I think that keeping the costs down is very
much a royal duty and obligation.


myLot reputation of 80/100. rosettaresearch (973)   ranked 97 out of 3,558 in frugal living  1 year ago

Actually, the Queen has cut expenses by half. Plus, the younger royals don't get public funds. Princes William and Henry get their income from their father's income from the Duchy of Cornwall and their late mother's estate. But, if they aren't buying Spode dishes who will? Spode is going into bankruptcy which hurts all those workers.

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2. myLot reputation of 80/100. atacamaval (3046)   ranked 63 out of 3,558 in frugal living   1 year ago

You are right. But maybe the thing is to spend as much but on other items. They could have a foundation to make houses for the poor. Construction moves a lot of industries. I´m talking about rich people in general, not only the Queen of England.


myLot reputation of 80/100. rosettaresearch (973)   ranked 97 out of 3,558 in frugal living  1 year ago

They do have their own foundations. But, yes, helping out at the ground level helps everyone. And only the rich can afford to do this. Now is the time for the rich to be spending, not saving.

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3. myLot reputation of 96/100. peavey (3763)   ranked 81 out of 3,558 in frugal living   1 year ago

I agree that if one has money, now is not the time to quit spending. "Trickle down" really does work, so if there is less money trickling down, the middle and lower income people will be hurt even more.

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4. myLot reputation of 89/100. notlistening2 (10707)   ranked 707 out of 3,558 in frugal living   1 year ago

Yes spending would help the economy, but I think everyone is feeling the pinch these days, rich people Middle class people, it has hit everybody every where, no matter where you are, or how old you are, or what job you have, because if you have a job you better hope, you can hold on to it, I don't know when things are going to get better, they say it will be worse before it gets better. sad

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5. myLot reputation of 99/100. happythoughts (2126)   ranked 4 out of 3,558 in frugal living   1 year ago

I dont think that stimulating the economy is the way to fix things. I think we all need to live on less and if we have extra money there are smart ways to use it. I think we should all be debt free before we worry about stimulating the economy.

I know that isnt how everyone feels about it but really we live way to lavishly and that is what got us into a lot of this mess.


myLot reputation of 80/100. rosettaresearch (973)   ranked 97 out of 3,558 in frugal living  1 year ago

Yeah, but I doubt the Queen has credit cards to pay off. Nor do other rich people. They are the only ones with money to spare right now. So they should be spending it to allow the rest of us to keep our jobs.


myLot reputation of 99/100. happythoughts (2126)   ranked 4 out of 3,558 in frugal living  1 year ago

Im just judging off some of the richer people I know. I think that we spend what we make and sometimes the more we make the more we spend. The Queen might not fit that though.

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6. myLot reputation of 99/100. cutepenguin (3709)   ranked 48 out of 3,558 in frugal living   1 year ago

I think it is a good idea. While I recognize that trickle down theory should work, I do think that it would be better if we had an economy that wasn't so reliant on people overspending. people who are in a position of respect should set an example.

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7. myLot reputation of 96/100. cher913 (13521)   ranked 9 out of 3,558 in frugal living   10 months ago

its about time because it is hard to see how the very wealthy people live with their lavish parties and clothing budgets. it makes the rest of the people that are getting laid off and loosing their jobs feel somewhat bitter towards the people of afluence and with money.

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