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Consumer Confidence Cannot Really Recover Until the Unemployment Crisis is Curtailed
It has often been said that consumer confidence is tied to about one-third of the performance of the United States economy and gross domestic product. That is to say, when consumers are happy they spend money, and when they are not or they are afraid, they stop spending.
The Deal About Bankers’ BonusesMany people believe that top bank executives today earn way too much. Nearly everyone is further enraged when these overpaid bankers appear to have made significant mistakes and have been blamed for their part in the collapse of the economy, and yet still get substantial bonuses.