Economic+Crisis8

@http://www.cnn.com/2010/LIVING/wayoflife/01/29/coupon.clipping/index.html?iref=allsearch Steve Pachuta 2/8/10 period 3  This article explains the effect coupons have on the economy. It states that, Americans  cashed in 3.3 billion coupons in 2009. This is more than a quarter more than in 2008. It also says that this is the first time in 17 years; the use of coupons has been more than the year before. This proves how tough times are, and what people are doing to make ends meet. Consumers are not only using coupons more because of the recession. Consumers have also used more coupons due to internet resources and easier access. Not only have consumers stepped up with using coupons, companies have also raised the production of coupons, now producing more than ever.

Using coupons during this recession is not only helping the consumer, but it is also helping companies keep their sales up. If consumers can not afford to purchase items, the economy will only suffer more. Even though the average coupon saves the consumer $1.44, I still believe this helps. With the current economic times anything helps, and a measly $1.44 adds up fast. This is also more savings than ever before, which really shows that companies are trying to help the consumer. If companies prove they are loyal, and willing to help their customers, I believe we will not only make it through this recession, but the relationship between producers and consumers will be stronger than ever.

I believe using coupons is a great way to save money when times are tough. Not only are more coupons being produced than ever, but because of technology, even coupon providing businesses are popping up all over the internet. These websites, such as www.thekrazycouponlady.com, provide you with the best daily coupons available. When consumers have coupons at their fingertips, they are much more apt to use them, compared to when they have to go through effort to obtain them. I also believe that the use of coupons is not a temporary trend, and it will last as long as people want to save money (forever), especially because of how easily they can be obtained. That is how coupons are affecting our economy and how it will help both producers and consumers make it through these tough times.