American Consumers Newsletter

Shark Attack

A few weeks ago, one of the mechanical sharks from the 1975 blockbuster movie Jaws was discovered in a junkyard in Los Angeles–a sorry end to a fearsome beast. In movies, beasts are dispatched in a matter of hours. In real life, not so...

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The Tea in Television

The latest time use statistics might reveal the fuel of the Tea Party fire: the growing television addiction among older men. No one watches more TV than men aged 65 or...

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Cliff Diving and Curb Jumping

Take a look at any economic indicator lately, and you’re likely to swoon as the trend line veers into a vertical plunge. This is called cliff diving. It is a common sport in economics, but rare in demographics. Demographic change is slow...

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The American Nightmare

Millions of Americans cannot believe what is happening to them, and with good reason. Most of the nation’s working-aged population (anyone under age 45) has never experienced a recession this bad, including many of the business executives...

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Another Look at Who Is to Blame

In a recent online poll, Time magazine asked its readers who was most to blame for the current economic crisis. Readers rated the guilt of 25 different people on a scale of 1 (innocent) to 10 (guilty). On that scale, the American Consumer rated...

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They Should Have Seen It Coming

The empty cash registers finally got their attention. Businesses large and small are in a panic, wondering where their customers went. Last week the Census Bureau reported that November 2008 retail sales were 7.4 percent below November 2007...

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Don’t Blame Main Street

Americans are standing with their mouths agape as the stock market plunges. They lie awake at night worrying about what the future holds for their jobs, their families, and their communities. Who is to blame for this unfolding financial crisis?...

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