Relevant and even prescient commentary on news, politics and the economy.

Driven by the hurricane force disinflationary tailwind, real personal spending and income, and real sales, all increase nicely

Driven by the hurricane force disinflationary tailwind, real personal spending and income, and real sales, all increase nicely  – by New Deal democrat In the current economy the personal spending and income report is just as important as the jobs report. That’s because, despite the downturn in manufacturing production and many parts of the housing […]