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.
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
Posted by
Jack Miller
at
9/22/2009 12:36:00 PM
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comments
Labels: consumer spending, recession
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