Spending and the Great Recession
Which age group cut the most?
Who bore the brunt of deleveraging during the Great Recession? The younger you are, the less you consumed:
Source: Professor Amir Sufi (hat tip to @tylercowen)
About the Author
Megan McArdle
Megan McArdle is a special correspondent for Newsweek and The Daily Beast covering business, economics, and public policy. A former senior editor at The Atlantic and writer for The Economist, Megan has a diverse work history including three small startups and a disaster recovery firm at Ground Zero.
More from The Daily Beast
Full Politics Coverage
L.A.'s Political Boys Club
For such a diverse city, the L.A. City Council is a depressing bastion of likeminded men.
Say What?
The Week in Wingnuts
Book of Wisdom
Rumsfeld, Advice Giver
Wrong Movie
Forget Bulworth. Try Rambo.
Eye in the Sky
Drawing the Lines on Drones
Debating Obama's Immigration Announcement
Did Obama lock down the independent vote with his move to reform immigration law? Newsweek and The Daily Beast’s Michael Tomasky and David Frum debate the liberal and conservative perspective on the latest immigration reform.
Comments