blog post 9/30

According to the Emmons article. he question “Can American consumers continue to serve as the engine of U.S. and global economic growth as they did during recent decades? Several powerful trends suggest not, at least for a while. He mentioned five trends working against consumer spending and one of them is Stagnant Growth. Stagnant growth is potential slow economic growth and very high unemployment rate. In other words, jobs growth doesnt not match with the job seeker. Moreover, the prices of things will keep rising when ecnomic isn’t. When there is unequal growth between the consumer spending or consumer earning will affect the whole economic growth.

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