Economists are no doubt breathing a sign of relief: Paris Hilton has pledged her shopping power to stimulate the economy. The San Francisco Chronicle reports that the heiress recently told a British magazine, "It's really scary about the economy right now. So the way I'm playing my part in helping is doing a lot of shopping wherever I go."
She must not have a lot of her money invested in stocks, because she says her income hasn't been affected by the recent financial crisis. Plus, the Chronicle notes, she picks up thousands of dollars in appearance fees from nightclubs.
This isn't her first act on behalf of the U.S. economy. The Chronicle says she also promised to wear only U.S.-designed clothes.