Tag Archives: consumer spending

Wayne Root: Why Does Obama Hate Small Business?

Why Does Obama Hate Small Business?

By Wayne Allyn Root, Former Libertarian Vice Presidential Nominee and Author of “The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gold and Tax Cuts“The Conscience of a Libertarian”

I’ve started more than a dozen small businesses.… Read more ...

Former Green Party candidate Reverend Billy at Black Friday demos in NYC

Reverend Billy is an activist and performance artist who was the Green Party’s candidate for Mayor of New York City for 2009.

The Adbusters Media Foundation is celebrating Buy Nothing Day in many cities around the world. The event was started 18 years ago by a Vancouver, Canada, artist. Buy Nothing Day encourages a 24 hour moratorium on consumer spending.… Read more ...

Let’s Look at the Issues: Consumer spending

What does Nobel laureate economist Paul Krugman have to say about the recent decline in consumer spending? Let’s take a look at his perspective and prescription, from the New York Times:

The long-feared capitulation of American consumers has arrived. According to Thursday’s G.D.P. report, real consumer spending fell at an annual rate of 3.1 percent in the third quarter; real spending on durable goods (stuff like cars and TVs) fell at an annual rate of 14 percent.

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