To: expat_panama
The real question is: Are people going into debt with this spending? If so, it's NOT a good thing.
How much of this is spending on goods that they've been putting off but now have to in order to survive? Is spending on health care included?
9 posted on
06/01/2016 4:42:20 AM PDT by
raybbr
(That progressive bumpers sticker on your car might just as well say, "Yes, I'm THAT stupid!")
To: raybbr
My belief is that this is likely as you alluded to people breaking down and buying things they have put off for 7 years. Its not going to be a trend or ignite the economy.
33 posted on
06/01/2016 7:10:35 AM PDT by
Georgia Girl 2
(The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
To: raybbr
“The real question is: Are people going into debt with this spending?”
That was also my first thought.
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