A Fundamental Problem With the Economy

The US economy isn’t in crisis, but US consumers seem to be, despite stable growth, low unemployment, a relatively low rate of inflation and robust retail spending, Bloomberg Opinion columnist...

By Bloomberg Markets · Bloomberg Markets

The US economy isn’t in crisis, but US consumers seem to be, despite stable growth, low unemployment, a relatively low rate of inflation and robust retail spending, Bloomberg Opinion columnist Kathryn Anne Edwards says. (Source: Bloomberg)