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24 sats \ 1 reply \ @vigilantcitizen 8 Jun \ on: Why are Americans spending so much? econ
I believe some portion is "revenge spending" and the life experience of being locked up during COVID-19. I always refer to travel spending, for example, on the uptick: https://www.travelpulse.com/news/destinations/us-travel-spending-of-1-2-trillion-on-par-with-pre-pandemic-levels
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132 sats \ 0 replies \ @zuspotirko OP 8 Jun
They buy things they don't need with money they don't have to impress people they don't like.
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