Word: consumerization
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Dates: during 2000-2000
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Another reason the Bush tax cut may not have much impact is that its biggest parts, like across-the-board rate reductions, are the ones least likely to sail through a sharply divided Congress. And the pieces that are easiest to pass, like an end to the marriage penalty for...
We can't afford not to do it. This has been Bush's way of softening the fiscal ground ever since the fall. The economy is slowing down. Consumer confidence is fading, the "wealth effect" of the rising stock markets is a pleasant memory, and the best way to head...
The markets, for whom things look plenty dire right now, are expecting just that, and have already begun the process of pricing in a quarter-point cut. That'll help share prices in January, which could help raise consumer spirits and eventually get businesses borrowing and growing again. But the...
19 Consumer crusader or election spoiler?
So you want to be a hero? Go ahead--get those credit cards out and shop yourself silly. George W. Bush will be grateful. But remember, you're on your own out there. Retail sales are down. Car buying is depressed. Consumer confidence is fading. Last week GM and Whirlpool...