StanCollender'sCapitalGainsandGames Washington, Wall Street and Everything in Between

Nominal Spending Crash

04 Nov 2009

Posted by Bruce Bartlett

Further evidence that the decline in spending is our central economic problem.

http://macromarketmusings.blogspot.com/2009/11/global-nominal-spending-history.html

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A different look at the same

A different look at the same story:

http://economix.blogs.nytimes.com/2009/11/04/spending-collapse-vs-layoffs/

Posted by David C on Nov 4th, 2009 at 11:38 pm.

Spending

Casey's chart should have included investment spending as well. In any case, comparing jobs to spending is an apples and oranges comparison.

Posted by Bruce Bartlett on Nov 5th, 2009 at 10:27 am.

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