Good news, everyone! The sales of men's underwear is up and you know what that means: the economy is finally on the mend!
But wait, you say, what's the connection between men's tighty whities and the economy? A lot, it turns out, at least according to then Fed chairman Alan Greenspan:
"If you look at sales of male underpants it's just pretty much a flat line, it hardly ever changes," NPR's Robert Krulwich explained of the theory, after Greenspan's book "The Age Of Turbulence" was published. "But on those few occasions where it dips that means that men are so pinched that they are deciding not to replace underpants. And [Greenspan] said 'that is almost always a prescient, forward impression that here comes trouble.'"
Men, in short, were cutting back so dramatically on their spending habits that they were no longer buying underwear regularly. Three years later, with the economy showing some signs of growth -- albeit slow growth -- they're splurging a bit more.
The Huffington Post has more: Link