The math is simple: Consumers drive 70% of the economy. Their net worths and their incomes are shrinking.
So how can the economy be growing?
Click here to read my column in The Sunday Wall Street Journal.
The math is simple: Consumers drive 70% of the economy. Their net worths and their incomes are shrinking.
So how can the economy be growing?
Click here to read my column in The Sunday Wall Street Journal.