Why has economic growth been so slow since the Great Recession? This is the question haunting many economists these days. Second quarter 2015 real GDP growth (after inflation) was just 2.3 percent six years after its end. This is better growth than any other developed economy, but still much too low for a sustainable recovery.
Impulse buying has none of these elements -- you see it, it sings to you, you want to possess it, you might deliberate for a few seconds about the fact that you don't really need or maybe you cannot really afford it, and then you buy it anyway because practical factors don't really play a part in the decision.