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Still, the feeling of wealth led some companies to spend profligately.
In it he pointed out that consumption is rising much faster than incomes or productivity, and attributed a large part of that to the booming stock market and the feeling of wealth that it has produced.
Moreover, the slide in Nasdaq stocks is viewed as a force for economic restraint since rapid gains in them have contributed to consumers' feeling of wealth and their willingness to spend.
All these factors could put a stop to that feeling of wealth in the future.
It's options that keep this place humming whether it's the misguided "feeling" of wealth that comes from them and keeps people slaving away to build a great company or it's the actual wealth that results from them and gets turned into local purchases and angel money for future startups.
Simply creating the feeling of wealth in someone can result in self-justification.
Similar(53)
Still, low air fares and individual feelings of wealth are driving summer travel plans more than the currency's strength, some travel agents say.
The plunge in stock prices, the credit squeeze and feelings of shrinking wealth among patrons have begun to have concrete effects.
Profit disappointments will cause equities to fall; feelings of diminished wealth will slow consumer spending, which will scuttle economic growth.
Phillips cited a number of factors for feeling that the great accumulation of wealth that marked the 1980s would not extend to the 1990s.
A future president, Woodrow Wilson, complained in 1906 that cars were "a picture of the arrogance of wealth" and "spread socialist feelings".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com