Showing posts with label consumer spending. Show all posts
Showing posts with label consumer spending. Show all posts

Tuesday, September 22, 2009

The Wealth of Consumers

The fact that consumer spending has reached the all time high of 72% of GDP is being used by alarmist to suggest that a long down turn is underway. (see chart below) For various reasons, some people do not want to see the good and to be happy.