What We're Buying Today: Smartphones, Hair Product, Guns

Michael Mandel puts together two cool charts to show where Americans are spending money in the Weakovery, and where they aren't. Have a looksee:




In short, we're not moving. We're not buying shoes, we're not buying new homes, we're not taking vacations, we're not buying cars, we're not filling up those cars that we're not buying with gas, and we certainly aren't paying other people to handle all of the moving that we're not doing.

Instead, we're staying home. We're washing ourselves with shampoo, washing our dogs with shampoo, talking on our new phones, and surfing the Web while cleaning our new guns, probably with extra shampoo.

That movie Idiocracy is looking smarter by the second.



Presented by

Derek Thompson is a senior editor at The Atlantic, where he writes about economics, labor markets, and the entertainment business.

Why Is Google Making Human Skin?

Hidden away on Google’s campus, doctors at a world-class life sciences lab are trying to change the way people think about their health.

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register with Disqus.

Please note that The Atlantic's account system is separate from our commenting system. To log in or register with The Atlantic, use the Sign In button at the top of every page.

blog comments powered by Disqus

Videos

Why Is Google Making Human Skin?

Hidden away on Google’s campus, doctors are changing the way people think about health.

Video

How to Build a Tornado

A Canadian inventor believes his tornado machine could solve the world's energy crisis.

Video

A New York City Minute, Frozen in Time

This short film takes you on a whirling tour of the Big Apple

Video

What Happened to the Milky Way?

Light pollution has taken away our ability to see the stars. Can we save the night sky?

Video

The Pentagon's $1.5 Trillion Mistake

The F-35 fighter jet was supposed to do everything. Instead, it can barely do anything.

More in Business

Just In