Thread: News ***NON-POLITICAL COVID-19 Discussion Thread***
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Old 06-11-2020, 07:39 PM   #34825
petegz28 petegz28 is offline
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Join Date: Feb 2005
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Quote:
Originally Posted by tk13 View Post
Consumer spending was down 13% in April, by far a record. The previous record was 6.9%, which happened in March.

And this was with an overall income increase due to the stimulus.
Where were they going to spend it? Why would they spend it if they think they are on borrowed time either for a job or for the Covid unemployment?
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