“…pointed us to this worrying trend. The alarm is being sound by Harry Dent, who notes that the demographic of those in their peak spending years (age 46 to 50) has been on the decline since 2009.
Based on Census data, this trend should continue until 2022. This is is bad news when you consider the fact that personal consumption expenditures account for around 70% of GDP.”
(H.T: Business Insider)
Author
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Co-founder of GraniteGrok, my concern is around Individual Liberty and Freedom and how the Government is taking that away. As an evangelical Christian and Conservative with small "L" libertarian leanings, my fight is with Progressives forcing a collectivized, secular humanistic future upon us. As a TEA Party activist, citizen journalist, and pundit!, my goal is to use the New Media to advance the radical notions of America's Founders back into our culture.