Fed Fails – American Spending Growth Is Weakest Since March 2011

by Tyler Durden
ZeroHedge.com
08/28/2015

Core personal consumption growth in July was just 1.2% – the weakest since March 2011. Whatever The Fed is doing to grow the middle class (yes, yes, we know: that’s not in the mandate – only the “wealth effect” is) is not workingm and as the following chart suggests hasn’t worked for the past 35 years.

The Rest…HERE

This entry was posted on Friday, August 28th, 2015 at 12:02 pm and is filed under Conspiracy, Corruption, Economics, Government Evil. You can follow any responses to this entry through the RSS 2.0 feed.