From IceCap Asset Management, courtesy of the invaluable Zero Hedge:
Fully 20% of all disposable personal income comes from government redistribution of wealth.
It is this money -- borrowed from future generations by the Obama Democrats -- that has fueled the modest rise in consumer spending over the last three years.
It should come as no surprise that this level of wealth transfer is unsustainable.
As for what comes next, rent the movie Road Warrior.