No, lack of consumer demand is why they are not buying.

Consumers are not spending money on non essential goods and/or services if they are insecure in their future employment and/or personal assets and wealth.

The current depressed housing values make low cost refinancing difficult or impossible for many people. The ::false:: prosperity of the last decade was made by the ability to tap home equity for consumer spending. e.g., re-mortgage your home to buy a automobile :P

Well, the house of cards has fallen ...

People must earn today what they need to spend. The vast majority do this by toiling for a wage.

You cannot afford porn if the best you can do is a shit job at McDonalds or Walmart.

We have out sourced many medium level service and technical jobs as well as those requiring lower-skilled assembly labor.

No decent job, no disposable income to buy porn so they flap for free to tubes ...

So let's cut spending some more, Screw stimulating the economy and legislating tax advantages that spur employment. Save the tax cuts ? when you cannot make shit you need all the tax savings that you can get.