View Single Post
  #1  
Old 08-04-2009, 04:00 PM
trent trent is offline
Senior Member
 
Join Date: Jun 2008
Posts: 387
Exclamation Americans are getting into more debt

Here is an interesting read for all of you believing the government propaganda about recession being over:

http://finance.yahoo.com/news/Consum...&asset=&ccode=

US consumer spending rose 0.4% in June, while incomes took a 1.3% dive the same month. So do the math:

Spending Up + Incomes Down = More Debt
__________________
No debt
Reply With Quote