Robert Brusca Savings Quotations
Robert Brusca Quotes about:
Savings Quotes from:
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Consumer Quotes
While everybody is very happy with the performance of the economy under Greenspan, it's come at quite a price. We have a negative savings rate. The consumer has been out spending his and her income, partly supported by an increase in housing prices, where people had to pull a lot of the equity out of their home. Well they can't do that again.
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Bad Quotes
The American consumer is like that bad guy in a zombie movie; shoot him; stab him. He keeps coming forward. But in the case of the consumer, it's more like: depress his wage, make him unemployed, ruin his confidence make no job growth, lower his savings rate -- none of it matters, he or she just keeps on racking up those charges.