The reason for this is that the consumer is strapped… doesn’t - TopicsExpress

The reason for this is that the consumer is strapped… doesn’t have the liquidity to fuel the growth in consumption. Income… the median household income, net of inflation, is as low as it was in 1967. The average guy is not staying ahead of inflation. As a result – personal consumption is more than two thirds of the economy – there’s no way you can have positive sustainable growth in the U.S. economy without the consumer being healthy.

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