3 EM 1 – 03/06/2022

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American Spending Trends Impacted by Impulse Shopping, Binge Spending, Advertising and Bugs Bunny

One of my favorite quotes from a Daffy Duck cartoon is from an animator (off screen) when Daffy was trying to get away sometime during World War 2. The premise of the situation was that if everyone in America (Side note: I’ve never understood why we abbreviate United States of America as “America” like other countries aren’t part of America, but I digress), back to the point, if everyone in America would watch their spending, the country would have more resources for the war effort.

The Economy is Kick-Started, But Can it Motor Ahead?

Good news, the economy has taken a swift kick and has started to preserve a small part of its old habits back but with this kick is any real change coming? With unemployment still on the rise and anticipated for a rise to 10 percent by next year, home sales falling by 3.6 percent, stocks taking more turns for the worse and health care undecided for, can this swift kick really change anything for the United States in the end?

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