Tag Archives: spending
Consumers Don’t Stand a Chance
Most economists don’t do any favors for the esteem of their trade. They take ideas a third grader would know are idiotic and champion them with bluster and bravado. Hardly a day goes by where some economist doesn’t prove he’s … Continue reading
Posted in Economy, MN Gordon
Tagged business cycle, collapse, consumer, spending, stimulus
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Death of the Consumer and Other Miracles
Something peculiar is going on. One data point says the economy’s improving. Another says it’s floundering. Nonetheless, we strive to connect the dots and draw inferences as we go. For example, according to data released Tuesday, manufacturing and construction spending … Continue reading
Posted in Economy, MN Gordon
Tagged bubble, construction, consumers, manufacturing, saving, spending
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