Reminder that a decline in inflation doesn’t mean lower prices, it simply means prices rise at a less steep rate.
People are still struggling to afford the basics. Lower spending is a reflection of that. We live in an economy of greed which places profits above people’s lives and livelihoods.
People are still struggling to afford the basics. Lower spending is a reflection of that. We live in an economy of greed which places profits above people’s lives and livelihoods.
Reposted from
Carl Quintanilla
WASHINGTON (AP) - Most drastic cut in spending by US consumers in three years last month despite decline in inflation.
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