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Unemployment claims, personal income, savings and consumption

Summary:
This has now fallen back to pre covid levels and is likely to go lower after federal unemployment benefits expire: Expiring benefits after next week could leave a serious shortfall: Federal spending and transfer payments have managed to restore consumption to close to pre covid levels:

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Unemployment claims, personal income, savings and consumption

Unemployment claims, personal income, savings and consumption

This has now fallen back to pre covid levels and is likely to go lower after federal unemployment benefits expire:

Unemployment claims, personal income, savings and consumption

Unemployment claims, personal income, savings and consumption
Expiring benefits after next week could leave a serious shortfall:

Unemployment claims, personal income, savings and consumption

Unemployment claims, personal income, savings and consumption
Federal spending and transfer payments have managed to restore consumption to close to pre covid levels:

Unemployment claims, personal income, savings and consumption

WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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