>>I haven't posted news in a long time, but this just cracked me up. Americans have been called spenders for so long that to be blamed due to hoarding is just hilarious:
>>
>>http://www.cnbc.com/id/101963821
>
>I don't see the humour, it's just propaganda. What has long been considered a virtue (saving) is now relabeled as a vice (hoarding) for political reasons.

It's not the first time.
In a failed effort to combat a recession that they perceived to have been caused by slumping car sales during the late 50's the Eisenhower administration gave us the slogan:
"You auto buy now!"

Twenty years later, the pendulum had swung the other way and Gerry Ford wore a button saying:
WIN (Whip Inflation Now)

Neither slogan worked.
JFK helped to end the recession by cutting taxes and Paul Volcker whipped inflation by raising interest rates.