If inflation is 2%, why are prices up so much?
Post Tagged with: "consumer spending"
July 24, 2012 03:54
Growth slowing down everywhere
It could get much worse if we hit the “fiscal cliff”: A combination of expiring tax cuts and slashed federal spending set for Dec. 31 would cut the federal budget deficit by an amount equal to 4 percent of U.S. gross domestic product, throwing millions of people out of work if Congress doesn’t stop them. – Business Insider
July 6, 2012 17:54
Economy deflating on slowing consumer spending
Obama continues to claim he just needs more time but reality is setting in as the economy flattens. Slowing retail sales and fewer than expected jobs are making it hard to hide the results of Obamanomics. Can we stand four more years of economic suicide?
March 8, 2012 10:27
THE FALLACY OF A RETURN TO NORMALCY
No politician, media pundit, Federal Reserve banker, retail CEO, or willfully ignorant mindless consumer wants to admit the truth that the last three decades of debt delusion are coming to a tragic bitter end.
June 7, 2011 05:35
The Economic Perfect Storm That’s Killing Consumer Spending
Consumers, who are central to solid and sustained growth, are at the heart of the new worries. Their pullback is a big reason why the economy is slowing down, and it’s not just because of high gas prices.
March 22, 2011 08:03
American Economy Takes Another Punishing One-Two Punch
A drop in home sales and less consumer spending due to rising gas prices belies government assurances that the economy is recovering.
March 7, 2011 07:16
ONE-IN-THREE U.S. CONSUMERS HAVE ALREADY CUT SPENDING BECAUSE OF RISING GAS PRICES
One-in-three U.S. consumers (32 percent) has already significantly reduced discretionary spending because of the increase of rising gas prices, according to the monthly RBC Consumer Outlook Index.
December 21, 2010 06:55
Say Bye-Bye to Consumer Spending
The spending was driven by easy credit, artificial housing appreciation, and big increases in personal debt. This spending is not coming back. The new frugality is here to stay and it’s catching on.
December 18, 2010 06:16
Consumer spending is NOT the key
One of the most pernicious and widespread economic fallacies is the belief that consumption is the key to a healthy economy.
December 17, 2010 06:21
The Market Is Overbought, Overextended And Overvalued
.. continuing high unemployment, a moribund housing sector, the dire condition of state and local finances, a lack of readily available credit and the ongoing fragility of a banking sector that is still loaded with toxic assets that are significantly overvalued on banks’ balance sheets.
