Wealthy shoppers imitate broke outlook harming economy
Economists warn consumer psychology drives cautious spending as high income households cut back despite improving conditions. Surveys show upper earners reducing daily spend and holding back on investments while media coverage and social proof reinforce frugality. Analysts note the house money effect and uncertainty push caution.
MENTIONED IN THIS ARTICLE
Barack Obama
Federal Reserve
Ben S. Bernanke
Thomas Gilovich
Cornell
University
Center For Behavioral Economics
Denise Kimberlin
Network
Brian Williams
Charlie Gibson
Tyndall
Gallup
Conference Board
Bernard L. Madoff
Ice-T
Stanley Milgram
New York
Robert Cialdini
Arizona State University
Richard Thaler
University of Chicago
George Loewenstein
Carnegie Mellon University
VA review continues after 10797 potentially affected patients
VA spokeswoman Katie Roberts says a review is ongoing and details are limited. She notes three patients have HIV after a mistaken positive test and that results still require verification through further testing. Potentially affected totals include 6387 at Murfreesboro, 3341 at Miami, and 1069 at Augusta ENT.
MENTIONED IN THIS ARTICLE
Katie Roberts
Murfreesboro
Miami
Augusta
Wal ter Reed veteran tests new battery powered prosthetic legs
Army Lt. Col. Greg Gadson walks on Ossur Power Knee prosthetics at Walter Reed. The device, with sensors and wireless monitoring, aims to restore independence for amputees. Gadson, a Iraq war veteran, notes it feels like a normal leg as he improves from a mile walk to steadier steps.
MENTIONED IN THIS ARTICLE
Washington
Walter Reed
Army
Greg Gadson
West Point
Iraq
Walter Reed Army Medical Center
Afghanistan
U.S
Gadson
Fort Belvoir
Ossur
32Nd Field Artillery
New York Giants
Washington Post
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Mike Corcoran
Corcoran
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