Memo to all the economic “experts” out there: In economics, “less” is not “more”. In economics, “more” is “more”, and, economically speaking, consumers are happier with “more” than they are with “less”.
OMG! Consumers Are Spending More Than They Earn!
What the data shows yet again is that the supposed financial and economic “experts” both on Wall Street and in Washington are not paying the slightest bit of attention to any of the data, and are pushing along their preferred...See more
