6min chapter

The Economy, Stupid cover image

As America goes to the polls, the economy is doing well, but people aren't feeling it

The Economy, Stupid

CHAPTER

Consumer Confidence Paradox

This chapter examines the contradiction of low consumer confidence alongside high spending on luxury goods, emphasizing the role of consumer willingness in economic health. Through a visit to a prominent mall, it discusses the societal impact of shopping culture and the influence of government stimulus on consumer behavior and business profitability.

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