(Before It's News)
Question about consumer spending:
In 2016 will falling crude prices finally provide the much awaited for benefit to the consumer that will translate into spending and result in a boost to the US economy (a de facto tax cut)?
Or, is the declining price of crude more than simply a supply/demand issue and actually a harbinger of a recession to come?
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Source:
http://politicsandfinance.blogspot.com/2015/12/recession-2016-evidence-says.html