Which U.S. President is the "Fear" President, and Which is the "Profligate" President?

Personal Income and Spending came in about in line with analysts’ expectations, with Personal Income up 0.4% month-over-month and Personal Spending up 0.3% month-over-month. Here’s a look at the year-over-year growth pictures for Personal Income (top) and Personal Spending (bottom).  The most recent measurement has Personal Income growth 4% year-over-year and Personal Spending growing 3% year-over-year. [dalio] Here’s a look at the difference between Personal Income growth and Personal Spending growth. [drizzle]Interestingly, the difference between Personal Income growth and Personal Spending growth continues to be stubbornly high.  This is shown by looking at where the difference between the two measures…