Another Shocker—Real DPI Down Nearly 20%

Well, here’s another shocker. This morning’s Commerce Department report showed that real disposable personal income in March came in at -19.9% versus March 2021. That staggering shrinkage, of course, is still another testimony to the old saw about “what goes around, comes around”. That is, last March real disposable incomes soared by nearly 29% owing […]
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