The US savings rate is at 33 percent. Tons of cash is available once we get back to normal. People want to buy, but politics is keeping many sectors of our economy closed.
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American consumer logic is truly fascinating.
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I am interested to know who is spending. Are low income ppl still spending disproportionately more of their income@than wealthy ppl. Someone should campaign wealthy ppl to start spending THEIR money (in enviro/socially just ways) to help kickstart economy.
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Nero fiddles
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This is just one signal but here’s a screenshot from my upcoming dashboard... Florida restaurant activity on OpenTable maxed out in late June (same in TX, AZ etc).pic.twitter.com/ydvaIcyd43
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When the government gives you $2400/month you spend it.
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There is no virus resurgence. Stop inventing fictionpic.twitter.com/ZMLraTyx8x
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Antibody (serological) testing and viral RNA (PCR) testing are two different things. Neither of them will tell a full story.
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Just tell us the data, no one is interested in your predictions
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