This “consumer” isn’t buying anything other than basic, bare necessities as long as the Obamanation occupies the White House.
There’s screaming deals on everything due to working off the over-leverageing.
I’ve bought a (beautiful used) house and (almost new) car at prices I wouldn’t have dreamed of 2 yrs ago.
$45,000 car with 16,000 miles for $15,000.
No wonder nobody is buying new stuff. Until this inventory is worked off, you won’t see the inflationary spiral that will inevitably follow due to the money printing.