Heterodox
January personal income and spending show how important government stimulus has been to keeping the economy afloat This morning’s report on January personal income and spending shows just how important the stimulus packages enacted by the federal government both last spring and last month have been to sustaining the economy.After adjusting for inflation both personal income and spending rose in January, by +9.7% and +2.0%, respectively: The...
Read More »January personal income and spending show how important government stimulus has been to keeping the economy afloat
