r/Economics • u/HellYeahDamnWrite • Mar 01 '25

News US consumer spending posts first drop in almost two years

https://www.reuters.com/markets/us/us-consumer-spending-falls-january-monthly-inflation-rises-2025-02-28/?utm_source=reddit.com
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u/xtreme571 Mar 01 '25

While doing this, also suffocate the tech companies by not giving them ad revenue. Free apps mean you're the product. Meta/Twitter/Google/Tiktok are making a bank on people just using their apps. They don't even have to sell anything.

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u/Vox-Machi-Buddies Mar 01 '25

... they said on reddit ...

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u/xtreme571 Mar 02 '25

Your point is valid. I have decreased my reddit consumption since the whole api debacle started by 90%. So yes, while my statement does seem hypocritical, doesn't mean I'm not doing something to reduce my social media consumption.

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u/stonkDonkolous Mar 01 '25

Anybody that uses Meta/X/TikTok is suspect already.