2011: The Year of the Consumer

Reader Comments

Back to blog

What kind of Kool Aid are you drinking Ms Palmer? Speculation is still rampant on Wall Street and now that the "day traders" outnumber the "investors" God only knows what more damage will be wrought. This is also the year that China builds more hi-ways than the US, 100 million more Indians buy cars, and 1/3 of the world demands more meat in their diet. This is not sustainable with oil production decreasing 7 to 9% a year and no large untapped reserves to boost production to meet demand. This will probably be the year of the revolution! Go get your money back from whatever school you graduated from.

JT of NM 11:21AM January 01, 2011

2011 is more likely to be another year of financial volatility, and not the year of the consumer as you so glowingly put it. Finance reform, as it has been enacted, assumes the economic collapse stemmed from consumers who don't know the difference between a simple payday loan and a complicated mortgage. In reality, it's Washington that doesn't seem to know which of them wrecked our economy. While they maneuver to nanny consumers, the crooks on Wall Street remain unsupervised as they continue to gamble with our mortgages and reward themselves for losing.

Betsy of CA 2:44PM December 29, 2010

Add Your Thoughts
Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.

Back to blog

Alpha Consumer

Kimberly Palmer, senior editor for U.S. News & World Report, writes about making smarter financial decisions. She’s the author of Generation Earn: The Young Professional's Guide to Spending, Investing, and Giving Back.

advertisement

Latest Video

advertisement