> Are we really that surprised that many consumers are reluctant to borrow and/or spend like before the crisis? Seems like it is not only unsurprising but also

> Are we really that surprised that many consumers are reluctant to borrow and/or spend like before the crisis? Seems like it is not only unsurprising but also a good thing. People learned a lesson about spending recklessly and some economists would claim that's a bad thing. GDP is not the end-all, be-all metric of a healthy economy.