Free Republic
Browse · Search
News/Activism
Topics · Post Article


1 posted on 03/01/2013 12:26:57 PM PST by Ernest_at_the_Beach
[ Post Reply | Private Reply | View Replies ]


To: Ernest_at_the_Beach
The consumers who transfer their monthly EBT balance to Walmart are still spending every cent they receive, but the ones who actually earn their money are not, if they can help it.
2 posted on 03/01/2013 12:30:28 PM PST by E. Pluribus Unum ("Somebody has to be courageous enough to stand up to the bullies." --Dr. Ben Carson)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Ernest_at_the_Beach

Saving less and buying more guns.


3 posted on 03/01/2013 12:30:57 PM PST by LibWhacker
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Ernest_at_the_Beach

Worst income dip in 20 years doesn’t stop spending- Consumers keep at it despite ....


Heh. Looking at government income and spening figures as well, it looks as though ours truly is a government “of” the people.


4 posted on 03/01/2013 12:32:08 PM PST by cuban leaf (Were doomed! Details at eleven.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Ernest_at_the_Beach

People are living like like there is no tomorrow.

I wish there wasn’t.


5 posted on 03/01/2013 12:33:12 PM PST by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Ernest_at_the_Beach
These statistics do not take into account the full extent of government give away programs. People who work for a living are being devastated. People who sponge off the taxpayers are doing great.
6 posted on 03/01/2013 12:33:54 PM PST by detective
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Ernest_at_the_Beach

I will not fall for anything a department of this administration puts forth. I have specifics I have to shop for every week. IOW I’m out there, and I see what’s NOT happening, and what’s NOT happening is consumers are NOT out there blowing their dough.

Essentials are where the reluctant cash is going, rarely anything else.

“Consumer spending advanced a seasonally adjusted 0.2% last month, the Commerce Department said Friday. That matched the estimate of economists polled by MarketWatch.”

Wondering what economists MarketWatch polled. Obama Kenyanesian economists perhaps.


8 posted on 03/01/2013 12:34:34 PM PST by rockinqsranch (Dems, Libs, Socialists, call 'em what you will, they ALL have fairies livin' in their trees.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Ernest_at_the_Beach

“And consumer spending rose just 0.2% with most of it going toward higher heating bills and filling up the gas tank.”

http://www.usatoday.com/story/money/business/2013/03/01/personal-income-consumer-spending-january/1956029/

Yes, when food and fuel prices rise, consumers spend more money...


12 posted on 03/01/2013 12:43:51 PM PST by ltc8k6
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Ernest_at_the_Beach

Umm yea spending is up. Gasoline around 3.90. I pack my own lunch. Lunch meat is out of sight. I like to shoot skeet, yea, that is now the sport of kings, and I reload. Needed tires..almost needed cpr. Funny I haven’t heard any inflation numbers lately.


15 posted on 03/01/2013 12:53:30 PM PST by cork (Remember Bengazi!)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Ernest_at_the_Beach

Just today a co-worker said, “I’m gonna spend it while I have it.”
Those are her exact words.


16 posted on 03/01/2013 1:00:12 PM PST by lucky american (The Democrats will follow the big "D"even if it means going over a cliff.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Ernest_at_the_Beach

If folks were still spending, we wouldn’t see all these businesses shutting down or having financial difficulty. I have to wonder who does the math for politicians? A Californian perhaps?


18 posted on 03/01/2013 1:01:57 PM PST by formosa (consider me galt)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Ernest_at_the_Beach

How much of the increased spending is due to high gas prices?


19 posted on 03/01/2013 1:09:45 PM PST by kabar
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Ernest_at_the_Beach
I don't buy this at all. In our heavily Republican area consumer spending is way off. Small business are closing left and right.

I'm assuming it's because conservatives are scared of what Obama is going to do next and are being very careful with their money. Meanwhile, the uninformed are probably spending more Federal and borrowed money than ever, so maybe that's what led to the overall increase.

24 posted on 03/01/2013 1:23:40 PM PST by Mr. Jeeves (CTRL-GALT-DELETE)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Ernest_at_the_Beach

Squeezing the last pennies out of their accounts so they can declare, “I’m busted flat”. Never before has the phrase had so much truth in it...


25 posted on 03/01/2013 1:37:34 PM PST by trebb (Where in the the hell has my country gone?)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Ernest_at_the_Beach

They are spending more because crap COSTS MORE!

Idiots.


27 posted on 03/01/2013 2:04:36 PM PST by autumnraine (America how long will you be so deaf and dumb to thoe tumbril wheels carrying you to the guillotine?)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Ernest_at_the_Beach
Worst income dip in 20 years doesn’t stop spending- Consumers keep at it despite ....

Indicative of why the US has the lowest savings rate of any developed nation, but it also could indicate people want to spend the money they have before hyperinflation kicks in. Bernanke says that the supply of money is unlimited, which means he plans to run the printing presses at the Bureau of Engraving day and night, nonstop.

29 posted on 03/01/2013 2:30:16 PM PST by The Sons of Liberty (It's not "GUN CONTROL"! It's "PEOPLE CONTROL"!)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Ernest_at_the_Beach
Worst income dip in 20 years doesn’t stop spending- Consumers keep at it despite ....

What is the typical lag between a change in income and a change in spending? December was a high income month because a lot of companies paid dividends early or paid bonuses to high-end employees to get them in before the 2013 tax increase. Then January jacked up taxes 2% of gross which would be 3-4% of the typical net income. If people are still spending their December income in January then I'm not surprised that spending hasn't dropped yet. Let's wait to see what February looks like.

30 posted on 03/01/2013 2:33:45 PM PST by KarlInOhio (Choose one: the yellow and black flag of the Tea Party or the white flag of the Republican Party.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Ernest_at_the_Beach

Well, that explains our representative form of government.


31 posted on 03/01/2013 2:47:30 PM PST by EricT. (The Second Amendment is Tyrant Control.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Ernest_at_the_Beach

so... biggest drop in post-tax income yet consumers continue spending? something doesn’t add up

was there an increase in the average credit card debt? if not, the consumer spending numbers are wrong

my guess is someone wants consumer spending to be up... and just adjusted the numbers to look better


32 posted on 03/01/2013 2:50:42 PM PST by sten (fighting tyranny never goes out of style)
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson