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Underscores the importance of targeted government spending, that is, direction of flow toward consumer spending (multiplier effect) rather than adding to the stock of savings (neutralization). Attempting to stimulate business investment fails in the face of lagging demand.Zero HedgeUS Retail Sales Disappoint, Online Spending Growth Hits A Wall As Government Handouts End Tyler Durden
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Underscores the importance of targeted government spending, that is, direction of flow toward consumer spending (multiplier effect) rather than adding to the stock of savings (neutralization). Attempting to stimulate business investment fails in the face of lagging demand.Zero HedgeUS Retail Sales Disappoint, Online Spending Growth Hits A Wall As Government Handouts End Tyler Durden
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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Zero Hedge
US Retail Sales Disappoint, Online Spending Growth Hits A Wall As Government Handouts End
Tyler Durden