George Wythe College
The Statesman
July 2008

 

The Deception of Consumption

By Stephen Palmer

If anyone ever tries to tell you that the economy is driven by consumer spending, I have one piece of advice–RUN!  This one fallacy alone has arguably caused more damage to our nation than any other, and a person who believes it is either deceived, or is using it to be deceptive, or both.

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