His dark, square countenance, with its almost shaggy depth of eyebrows, was naturally impressive, and would, perhaps, have been rather stern, had not the gentleman considerately taken upon himself to mitigate the harsh effect by a look of exceeding good-humor and benevolence.
Consumer spending, consumer demand, consumption, or consumption expenditure is the purchasing of goods and services by individuals or families. It is the largest part of aggregate demand at the macroeconomic level.
What is Deficit Spending? Deficit spending is borrowing money right now that you'll have to pay back in the future. It's not a short term loan like a 30 day line of credit a business might use to cover payroll. It's borrowing money for 90 or 180 days or one, five, or ten years. It's like taking out a mortgage to buy a house; if getting what you want or need right now is more important or valuable than the money you'll spend on interest, it can be a good deal. That's the definition of deficit spending.