However, some industry analysts worry that all this extra cash in consumer wallets could actually hurt the nation's chances for speedy economic recovery. Experts interviewed by USA Today noted that billions of dollars in savings didn't just come from bank's profits. Critics of recent regulations told reporters that the lost profits could have been reinvested into extended credit card limits or small business loans.
About the Author
Joe Taylor Jr. is an internal business consultant for a Fortune 500 company, who writes about finance, culture, and design. He holds a Bachelor of Science in Communications from Ithaca College.