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by cameronbrown
2243 days ago
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Boeing is affected by consumer spending just as much as every company in existence. > reinvest it into the most productive and critical aspects of the economy How? People, really, really, really, want to go out and spend money right now, but it's impossible because everything is shut. |
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That being said, I don't think anyone is looking to spend money with unemployment at 20%. People are using their stimulus checks to pay down debt and buy diapers. Belts are being tightened. Rent is not being paid. None of this is a recipe for consumer spending without a sustained injection of cash. $1200 buys three weeks rent in a 1 bedroom apartment in LA county.