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To: lentulusgracchus

But did they really increase spending

I suggest you spend some time studying Personal Consumption Spending data in the NIPA data series.

http://www.bea.doc.gov/bea/dn/nipaweb/TableView.asp?SelectedTable=58&FirstYear=1980&LastYear=2005&Freq=Year

Yes Americans really have increased there spending to the deteriment of personal savings and investment.

1,426 posted on 08/09/2005 8:39:31 AM PDT by ancient_geezer (Don't reform it, Replace it!!)
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To: ancient_geezer
You still haven't told me what has happened to wages after 1992.

I can't believe your source only had access to data up to 1992 when they calculated the locus of real wages per hour.

So, where's the rest of the data, have you asked your source?

Remember, you're trying to convince us that this is a good deal for taxpayers.

1,429 posted on 08/10/2005 2:57:35 AM PDT by lentulusgracchus ("Whatever." -- sinkspur)
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