Archive:
Nearly 70 percent of U.S. GDP comes from consumers. What happens when they stop spending? Lately, I’ve noticed that the press has been sounding the alarm about the possibility of a downturn in consumer spending. I get why. To buy more stuff, consumers must either see their wages grow faster than prices, spend their savings,…
As populations age, a growing number of people need long-term care, such as help with basic daily activities such as eating, bathing, and mobility. While most people prefer to receive care at home, many older individuals with extensive care needs…
