Uncle Jay explains it to me too

Discovered Uncle Jays explanation of big news for little minds recently and now enjoying it every week through my RSS reader.

This is a bit task to explain big news to little minds, isn’t it – nah! Because big news are only made big, when you look at them through Uncle Jays eyes they become very simple to understand. Many grown-ups or those who want to call themselves that will probably not like it because the ego-stroking would go away if they did not have to have all that brain-power to understand the news.

But I have some question for Uncle Jay that nobody has been able to answer. How does it work that spending helps the economy. No really, how would it improve the economy if I buy Joe’s car and Joe buys my car? We have increased spending, didn’t we?

Please, Uncle Jay, explain this to me and you will be my great hero. But first, let’s see what Uncle Jay explains today…

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Listen to previous lessons at

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  • http://kelvinlam.net/ Kelvin Lam

    You can’t buy each other’s cars if you don’t have jobs though. If the government spends money and employment increases to meet that demand, then you will have additional income to buy a new car. Even in your example, exchanging cars does create a need for services such as insurance, title etc.

    Nice of you to recognize Uncle Jay.