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

By: clo in FFFT | Recommend this post (0)
Fri, 30 May 14 7:28 PM | 52 view(s)
Boardmark this board | Food For Further Thought 		Msg. 64134 of 65535
(This msg. is a reply to 64133 by oldCADuser)
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I'm surprised they didn't say Consumer Spending falls, they must be Saving more.... ;))




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The above is a reply to the following message:
Re: Consumer Spending in U.S. Unexpectedly Falls as Incomes Slow
By: oldCADuser in FFFT
Fri, 30 May 14 7:10 PM 		Msg. 64133 of 65535

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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