One number says it all: 0.2%. That's the average annualized growth of U.S. consumer spending...

|By:, SA News Editor
One number says it all: 0.2%. That's the average annualized growth of U.S. consumer spending over the past 14 quarters. Never before in the post-WW II era have consumers been so weak for so long. In an era of balance-sheet repair, it's little wonder that fiscal and monetary stimuli have been ineffective - the slowdown is "not the fault of not enough liquidity." Are you listening, Mr. Bernanke?