Wednesday, September 16, 2020

Zero Hedge — US Retail Sales Disappoint, Online Spending Growth Hits A Wall As Government Handouts End


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 Hedge
US Retail Sales Disappoint, Online Spending Growth Hits A Wall As Government Handouts End
Tyler Durden

3 comments:

Peter Pan said...

Lobbyists are well aware of the importance of targeted government spending.

lastgreek said...

Mitch McConnell married rich so what does he care...

McConnell Proposes Pandemic Relief Bill, Democrats Quickly Dismiss It As 'Emaciated'

https://www.npr.org/2020/09/08/910678303/mcconnell-proposes-pandemic-relief-bill-democrats-quickly-dismiss-it-as-emaciate

Peter Pan said...

Democratz are an emaciated workers party.