To: MichaelCorleone
This will have huge reverberations throughout our already weak economy. Spending on everything non-essential will decrease.
To: pieceofthepuzzle
Most Americans don’t benefit directly from a strong stock market, so they aren’t like to be affected by a major correction. I’d also suggest that “non-essential” spending has been in doldrums for a long time anyway. In fact, this malaise in consumer spending is a big reason for the sell-off on Wall Street.
5 posted on
08/24/2015 4:22:19 AM PDT by
Alberta's Child
("It doesn't work for me. I gotta have more cowbell!")
To: pieceofthepuzzle
"Spending on everything non-essential will decrease."Yup.
I was thinking about getting a new(er) pickup.
Not anymore. I'll be getting a couple of cans of Bondo instead.
To: pieceofthepuzzle
This will have huge reverberations throughout our already weak economy. Spending on everything nonessential will decrease. I was watching TV and usual inane, juvenile, low IQ commercials assaulted my senses. People need to wake up, and prioritize.
20 posted on
08/24/2015 4:41:20 AM PDT by
SkyPilot
("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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