Much, if not all, of the recent alleged "recovery" wasn’t even to produce or replace stuff that was selling contemporaneously.

Aggregate demand pretty much remains stalled suggesting no change - and in lieu of inflation perhaps even worsening - in wealth effects to the 99%.

http://news.yahoo.com/u-growth-slows-inventory-accumulation-wanes-040301579--business.html

Comments

Add comment

Login or register to post comments

Currently Chatting

Community Archive

50 Years Later - it's time for Medicare "Part E!"

Fifty years ago, President Lyndon B. Johnson signed the bill that created Medicare and ensured that senior citizens would never again have to go without life-saving medical care.

And now, it’s time to reboot – and use a very, very, very simple message so all Americans can understand it.