AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Economic Shifts and Consumer Behavior
This chapter examines the dual forces of government spending and evolving consumer attitudes driving demand in the U.S. economy. It highlights the K-shaped recovery, where affluence contrasts sharply with the struggles of lower-income Americans, and discusses potential economic trajectories amid rising inflation. Key factors, including the upcoming 2024 election and geopolitical tensions, are explored as possible catalysts for future economic shifts.