One of the things holding back the economic recovery recently has been slower-than-expected consumer spending growth. Apparently, consumer spending has been constrained by Americans' newfound unwillingness to borrow. I suspect, however, that this is an illusion created by a deeper problem. Consumers have the money - in fact, net worth has recovered to an all-time high - they just aren't borrowing and spending.
For the surname, see Sendak (surname). Maurice Bernard Sendak (/ËsÉndÃ¦k/; June 10, 1928 â May 8, 2012) was an American illustrator and writer of children's books. He became widely known for his book Where the Wild Things Are, first published in 1963.
Mary Altaffer / Associated Press. The book collection of Maurice Sendak, author of Where the Wild Things Are, is the subject of a lawsuit. The book collection of Maurice Sendak, author of Where the Wild Things Are, is the subject of a lawsuit.