Americans go out and spend, Michael Faulkender says

Americans go out and spend, Michael Faulkender says
Faulkender on Americans spending habits

Michael Faulkender stated that to assess the economy, it is important to look at what people are doing rather than what they say, noting that Americans go out and spend.

Larry Kudlow shared this perspective in a recent post.

Kudlow has previously reported Art Laffer’s view expecting strong U.S. economic growth with lower inflation in recent coverage. In another report, Kudlow relayed Steve Forbes’s statement that U.S. presidents tend to get the currency policy they desire, as noted in his article on presidential dollar strategy. These perspectives provide additional context to his latest remarks.

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