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Friday, September 30, 2011

BREAKING NEWS: U.S. Personal Spending Rises, Income Falls

Personal spending rose 0.2% in August from July, in line with estimates. Personal income unexpectedly fell 0.1%, the first decline since October 2009. Economists had been expecting a gain of 0.1%.
From Fox News
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2 comments:

  1. AnonymousSeptember 30, 2011 at 10:19 AM

    This is just Obama spreading the wealth around.

    ReplyDelete
  2. AnonymousSeptember 30, 2011 at 12:28 PM

    It's also indicative of the fact that people are learning fiscal lessons from Obama. Spending what we don't have.

    ReplyDelete

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