Aug 23, 2011
The Recession’s Consumer Paradox
David Brancaccio was in Los Angeles last week to guest host Marketplace Money. The theme: Borrow or spend? If we don't spend, life gets drained…
David Brancaccio was in Los Angeles last week to guest host Marketplace Money. The theme: Borrow or spend? If we don’t spend, life gets drained from the U.S. economy. But surely, we’re supposed to save during these tough times. A paradox by any other name.
On the agenda:
Is GDP really an effective way to measure the economy?
Why one former Fed president thinks saving, not spending, is the way out of the recession.
When it comes to stimulating the economy, not all consumers are equal.
How to clean up your credit score
And more!
You can listen to the whole show here: