Friday, February 6, 2009

It's the Consumers, Stupid

Consumer Spending accounts for 70% of economic activity in the U.S. The meaning of that fact can be depicted in different ways. Here are some, FlowingData, 9 Ways to Visualize Consumer Spending.

Here is another, using the growth of Target Stores over time:

There has been a substantial decline in consumer spending, and unless something is done, it will only get worse.

Stop wasting money on the bankrupt banks.

It's the consumers, stupid.

P.S. What's a stupid politician? A tautology.

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