Mises Daily
Author:
Llewellyn H. Rockwell Jr.
Online Publish Date:
With recession looming or already here, the time has arrived for finding scapegoats. Expect a long list of these. Here is the target of the day: tightfisted consumers. A decline in personal consumption, writes the New York Times , “would be the first since 1991, and it would almost certainly push the entire economy into a recession in the middle