Comments on: Salute to the American Consumers http://thefinancebuff.com/2007/12/salute-to-american-consumers.html like a friend telling you about money ... Thu, 19 Nov 2009 19:44:17 -0600 http://wordpress.org/?v=2.8 hourly 1 By: Chuck Fouts http://thefinancebuff.com/2007/12/salute-to-american-consumers.html/comment-page-1#comment-338 Chuck Fouts Tue, 04 Dec 2007 20:30:00 +0000 http://blog.thefinancebuff.com/?p=198#comment-338 I think you are going to see the same number of consumers out spending but they may be spending less. Even if consumers spend the same as they did last year it will not meet expectations of retailers or investors. A growth economy expects spending to grow year over year. Here are some article snippets that Ritholtz put together earlier today that reflect this: http://bigpicture.typepad.com/comments/2007/12/retail-fading.html I think you are going to see the same number of consumers out spending but they may be spending less. Even if consumers spend the same as they did last year it will not meet expectations of retailers or investors. A growth economy expects spending to grow year over year. Here are some article snippets that Ritholtz put together earlier today that reflect this: http://bigpicture.typepad.com/comments/2007/12/retail-fading.html

]]> By: Anonymous http://thefinancebuff.com/2007/12/salute-to-american-consumers.html/comment-page-1#comment-337 Anonymous Tue, 04 Dec 2007 19:15:00 +0000 http://blog.thefinancebuff.com/?p=198#comment-337 I disagree. American consumers don't have the money to spend. The boost they're currently providing to corporate profits is short-lived.<br/><br/>You can't spend more than you make indefinitely. At some points the chickens will come home to roost. And then we'll all pay for it. I disagree. American consumers don't have the money to spend. The boost they're currently providing to corporate profits is short-lived.

You can't spend more than you make indefinitely. At some points the chickens will come home to roost. And then we'll all pay for it.

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