It’s a funny thing how we spenders actually control the economy, not the fed.

Just yesterday in the NYTimes we heard of the summer “sprint” with the expectation that consumer worries were going to quell spending in the 4th quarter.

And yet today from the AP we hear that consumer spending “surged” in November reducing fears of that all too imminent recession.

I’m no economist but it looks to me like da people get to say.