Monday, June 28, 2010

Consumer Spending Hits All Time High



In spite of the "great recession" consumer spending is hitting new highs. But you won't hear that reported very often. Somebody seems to want to keep us thinking that the economy is terrible.

1 comment:

  1. on another note, the steady climb in this chart is not sustainable
    the fact that there was a decline this time is an indication that we are reaching the limit
    we need to learn to live happily in an economy that grows very slowly or not at all
    having two or three times more stuff doesn't seem to have made us happier

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