Attention Economy


Tuesday, May 10, 2022

Households, Consumption, and the US Economy

For Tens of Millions of Americans, the Good Times Are Right Now
https://www.nytimes.com/2022/05/10/business/economy-boom-times.html
Their houses are piggy banks, their retirement accounts are up and their bosses are eager to please. When the boom ends, everything will change.

Consumers Have Spearheaded Recovery, but Data Signal a Potential Change
https://www.wsj.com/articles/consumers-have-spearheaded-recovery-but-data-signal-a-potential-change-11651915801 
 
States Turn to Tax Cuts as Inflation Stays Hot
https://www.nytimes.com/2022/05/10/us/politics/states-tax-cuts-inflation.html
Tax reductions and rebates that are being proposed to help people cope could have the unintended effect of pushing prices higher.