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It's Consumer Spending Stupid By James Livingston

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It's Consumer Spending Stupid By James Livingston
The essay “It’s Consumer Spending Stupid” by James Livingston gives an explanation on how consumer spending may be beneficial. The main idea of this essay is Livingston proving that consumer spending is extremely beneficial to the economy, more than private investment. This is the main idea because in the last sentence of the introduction, Livingston implies that consumer debt and government spending is a wonderful investment. Therefore, he gives supporting information to the point he is attempting to get across to the readers. Additionally, trader’s, CEO’s, and the 1 percent aren’t needed to see a better future, but as consumers we need to spend more to contribute to society (Livingston, pg. 508). In the essay “Millennials’ Heads Under a
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