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With a new familiarity and a flesh-creeping ''homeliness'' entirely of this unreal, materialistic world, where all ''sentiment'' is coarsely manufactured and advertised in colossal sickly captions, disguised for the sweet tooth of a monstrous baby called ''the Public',' the family as it is, broken up on all hands by the agency of feminist and economic propaganda, reconstitutes itself in the image of the state.
~ Wyndham Lewis (November 18, 1882 - March 07, 1957)
This factor alone would tend to push consumer spending below trend (near 2% growth) in the year's final quarter. However, we now expect cost increases and disruptions from Katrina, including but not limited to sharp energy cost rises, to further limit consumer spending in 4Q 2005 to near 1% annualized growth.