Consumption Picks Up In July Indicating Lower Risk Of Deflation

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Maybe it's time for us to push the naysayers aside or overboard. Get on with taking our homes, blocks, towns, cities, states, countries and world back from the people who put a silly philosophy ahead of their fellow man and neighbor.

Those who see themselves as islands for the purpose of politics and when it suits them but peninsulas as soon as there's a tsunami. Those who have every philosophical excuse for why their tax dollars can't go toward a book to educate someone but are more than willing to take out a collateral loan to blow up and rebuild someone else's country.

Let's push 'em aside and get on with the business of making this place better than we left it. "What are you doing to help make a difference?"

Consumption, which accounts for about two-thirds of U.S. GDP, rose in July, according to the Bureau of Economic Analysis, suggesting a pickup in activity that could be fundamental in supporting what has been a weak economic recovery. Based on a rebound in auto sales and stronger service spending, real consumption hit its highest level since December 2009.

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