{"id":7741,"date":"2013-05-15T21:21:25","date_gmt":"2013-05-16T01:21:25","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=7741"},"modified":"2013-05-15T21:21:25","modified_gmt":"2013-05-16T01:21:25","slug":"sorry-world-u-s-consumers-cant-save-you-wsj","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/05\/15\/sorry-world-u-s-consumers-cant-save-you-wsj\/","title":{"rendered":"Sorry, World, U.S. Consumers Can\u2019t Save You | WSJ"},"content":{"rendered":"<p>Kathleen Madigan at WSJ observes:<\/p>\n<blockquote><p>In order to increase spending, consumers have been saving less to offset the money lost when tax rates rose this year. That strategy is unsustainable. Unless job and wage growth pick up, U.S. consumers don\u2019t have the financial heft to save the global economy.<\/p><\/blockquote>\n<p>Read more at <a href=\"http:\/\/blogs.wsj.com\/economics\/2013\/05\/15\/sorry-world-u-s-consumers-cant-save-you\/?mod=djemRTE_h\">Sorry, World, U.S. Consumers Can\u2019t Save You &#8211; Real Time Economics &#8211; WSJ<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kathleen Madigan at WSJ observes: In order to increase spending, consumers have been saving less to offset the money lost when tax rates rose this year. That strategy is unsustainable. Unless job and wage growth pick up, U.S. consumers don\u2019t have the financial heft to save the global economy. Read more at Sorry, World, U.S. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/05\/15\/sorry-world-u-s-consumers-cant-save-you-wsj\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Sorry, World, U.S. Consumers Can\u2019t Save You | WSJ&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45,34],"tags":[1227,1961,3044,3343],"class_list":["post-7741","post","type-post","status-publish","format-standard","hentry","category-debt-deficits","category-us-canada-countries-regions","tag-employment","tag-job-growth","tag-savings-rate","tag-tax-rates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sorry, World, U.S. Consumers Can\u2019t Save You | WSJ - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sorry, World, U.S. Consumers Can\u2019t Save You | WSJ - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Kathleen Madigan at WSJ observes: In order to increase spending, consumers have been saving less to offset the money lost when tax rates rose this year. That strategy is unsustainable. Unless job and wage growth pick up, U.S. consumers don\u2019t have the financial heft to save the global economy. 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First, U.S. consumers pull back again. U.S. households have been resilient which has lifted global producers. But future spending will depend on better job growth and incomes growing ahead of prices..... Second, a U.S.-China trade war breaks out. China has slowed\u2026","rel":"","context":"In &quot;US &amp; Canada&quot;","block_context":{"text":"US &amp; Canada","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/us-canada-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60907,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/02\/11\/trumps-steel-tariffs-hurt-consumers-and-us-manufacturers-wsj\/","url_meta":{"origin":7741,"position":1},"title":"Trump\u2019s steel tariffs hurt consumers and US manufacturers | WSJ","author":"Colin Twiggs","date":"February 11, 2025","format":false,"excerpt":"From The Hill: The editorial board of The Wall Street Journal is warning President Trump is making similar mistakes on trade to those during his first term in the White House. Noting Trump\u2019s orders imposing 25 percent tariffs on all steel and aluminum imports, The Journal said the president \u201cgave\u2026","rel":"","context":"In &quot;International Trade&quot;","block_context":{"text":"International Trade","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/international-trade\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14907,"url":"https:\/\/thepatientinvestor.com\/index.php\/2017\/03\/10\/robust-job-growth-solid-labor-market-wsj\/","url_meta":{"origin":7741,"position":2},"title":"Robust Job Growth, Solid Labor Market | WSJ","author":"ColinTwiggs","date":"March 10, 2017","format":false,"excerpt":"From WSJ: The pace of job creation remained robust in February, with payrolls rising by a seasonally adjusted 235,000 new jobs, the Labor Department said. Evidence of continued health in the U.S. labor market likely cleared the way for the Federal Reserve to raise short-term interest rates next week. The\u2026","rel":"","context":"In &quot;Labor Market&quot;","block_context":{"text":"Labor Market","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/labor-employment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4942,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/07\/25\/mcdonalds-sees-downbeat-consumers-world-wide-real-time-economics-wsj\/","url_meta":{"origin":7741,"position":3},"title":"McDonald\u2019s Sees Downbeat Consumers World-Wide &#8211; Real Time Economics &#8211; WSJ","author":"Colin Twiggs","date":"July 25, 2012","format":false,"excerpt":"\u201cThis is one the first times where we have seen it [consumer confidence issues] in a much broader-based perspective. It\u2019s a little bit more than a European cold.\u201d CFO Peter Bensen added, \u201cThe magnitude of the issues in Europe are having ripple effects around the world,\u201d hurting consumer confidence and\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2287,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/22\/consumers-may-be-spending-more-but-theyre-not-happy-about-it-real-time-economics-wsj\/","url_meta":{"origin":7741,"position":4},"title":"Consumers May Be Spending More, but They\u2019re Not Happy About It &#8211; Real Time Economics &#8211; WSJ","author":"ColinTwiggs","date":"November 22, 2011","format":false,"excerpt":"The percentage of Americans saying they were cutting back on their spending rose from 66% at the start of the year to 72% in September, where it has stayed for nine straight weeks. Spending, however, was up 5% in September from a year ago.....[it could be] that, more than two\u2026","rel":"","context":"In &quot;US &amp; Canada&quot;","block_context":{"text":"US &amp; Canada","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/us-canada-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4368,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/16\/fedex-ceo-on-how-tax-policy-weakens-u-s-economy-wsj-online\/","url_meta":{"origin":7741,"position":5},"title":"FedEx CEO on How Tax Policy Weakens U.S. Economy &#8211; WSJ online","author":"Colin Twiggs","date":"May 16, 2012","format":false,"excerpt":"FedEx CEO Frederick W. Smith talks about how capital investment and lowering corporate tax rates are the main solutions to creating U.S. jobs. He speaks with WSJ's Alan Murray at Viewpoints West. 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