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Re: Consumer Spending in U.S. Unexpectedly Falls as Incomes Slow 

By: oldCADuser in FFFT | Recommend this post (2)
Fri, 30 May 14 7:10 PM | 43 view(s)
Boardmark this board | Food For Further Thought 		Msg. 64133 of 65535
(This msg. is a reply to 64130 by clo)
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Isn't that headline a bit moronic…

"Consumer Spending in U.S. Unexpectedly Falls as Incomes Slow"

How can it be unexpected for people to reduce their spending when they have less money to spend? Or are todays 'experts' so deluded that they've completely forgone all sense of logic and/or understanding of the economic realities facing the average American today?




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The above is a reply to the following message:
Consumer Spending in U.S. Unexpectedly Falls as Incomes Slow
By: clo in FFFT
Fri, 30 May 14 5:59 PM 		Msg. 64130 of 65535

Consumer Spending in U.S. Unexpectedly Falls as Incomes Slow

May 30, 2014 8:31 AM EDT
Consumer spending unexpectedly fell in April after the biggest surge in almost five years as incomes slowed.
Visit Bloomberg.com for the latest updates.

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