Economy is Down; Grace is Up

The Fed lowered the interest rate yet again today in an attempt to jump start the economy. I have been doing a little reading on economic theory (yes, I am a geek), and apparently I have advised you incorrectly in a previous post. Instead of saving money this Christmas, we should apparently spend like sailors on shore leave. Spending stimulates the economy and creates growth. When we all stop spending, the economy tanks. It is really a self-fulfilling prophecy. The more afraid we are about a bad economy, the less we spend. The less we spend, the worse the economy gets. Simple really.

Grace is a big fan of economics. She thinks that we have to be careful or we will rebound into an inflationary period after this recession if we are not careful. That could be bad. What is good with Grace today is that her eyes have been checked and have passed with flying colors. On today's exam, there were no signs of ROP (retinopathy of prematurity). She will get checked again in two weeks. This week's head ultrasound showed some slight increase in size of one ventricle. Neurosurgery is planning on just watching it for now, but we are hoping she will not develop hydrocephalus and need a shunt. No real improvement on the lungs today. She is on 4L of oxygen and they tried to wean down to 3. Grace was not having it and insisted on stay at 4. We will try again in a few days and see if we can convince her that less is more. Hmmm, sounds like the economy.