Amplify’d from www.thefreemanonline.org

The truth is that consumer spending does not account for 70 percent of economic activity and is not the mainstay of the U. S. economy.   Investment is!   Business spending on capital goods, new technology, entrepreneurship, and productivity are more significant than consumer spending in sustaining the  economy and a higher standard of living.  In the business cycle, production and investment lead the economy into and out a recession; retail demand is the most stable component of economic activity.

Read more at www.thefreemanonline.org

 

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