U.S. purchasing power declines 0.2% in June
Rising prices, falling home values, stagnant wages and tight credit. It's a potent combination that has struck the U.S. consumer hard.
In June, the second biggest rise in prices in nearly three decades muted the impact of billions of dollars in government stimulus payments, government figures showed Monday.
Read more about the Monkey King Bush's failure to stimulate the US Economy here -->
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/08/05/BUII12503V.DTL
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