Tuesday, March 01, 2011

Consumer Spending Cools, But Incomes Up In January


When people's financial security is in doubt, they spend less. The eternal GOP Achilles-h­eal is that they have no plan for the downside - other than getting into the lifeboats before everyone else.



The New Deal has no successors worthy of the name, so when Social Security is attacked and mortally wounded, and when Medicare is finally decimated, America's economy will atrophy and workers will live a spiraling nightmare - and the wealthy will sail off into the sunlight with every asset that's not nailed down.
Read the Article at HuffingtonPost

No comments: