But we are a consumer society like it or not. If people aren't buying the whole thing collapses.
Notice they never measure the economy on how much people are saving or how little debt everyone is in or how much government spending on social programs has been cut. It seems the only yardstick is the consumer index --- how much spending takes place.
Oh, they measure savings all right. Go to MGB Information Services and scroll down the left-hand column.
There are NO savings to speak of.