An Economy Dependent on Government

We looked at a paradox yesterday: While unemployment rose, average working hours fell, incomes stagnated, savings increased, and debt was repaid, Americans kept their wallets open and spent a decent amount of money. Those don't add up. What gives?

These are complicated topics where no single answer tells the whole story. You can probably think of a dozen explanations for the paradox. But to me, this one is the most fascinating.

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