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| Economy |
| Americans spend at weakest pace in 20 months |
| 2011-06-27 |
 Americans spent in May at the weakest pace in 20 months, a sign that high gas prices and unemployment are holding back the economy.Consumer spending was unchanged, the Commerce Department said Monday. That was the worst result since September 2009. And when adjusted for inflation, spending actually dropped 0.1 percent. Gee... who woulda thunk that higher energy and food costs would have made customers have LESS money to spend on fun items? |
| Posted by:DarthVader |
| #6 Welp, evidently I've got to get my wife another job. |
| Posted by: S 2011-06-27 17:18 |
| #5 the people who plan and actually do pay their mortgages and debts are un-American & should be investigated. They should also pay more taxes. |
| Posted by: Anguper Hupomosing9418 2011-06-27 16:22 |
| #4 ...and just the anticipation of more inflation causing others to hang on to what they have for the price increases tomorrow. Of course those are the people who plan and actually do pay their mortgages and debts in the first place. |
| Posted by: Procopius2k 2011-06-27 14:00 |
| #3 Mine too! Just think - if it weren't for our wives - the US would be in much, much, worse shape. |
| Posted by: CrazyFool 2011-06-27 13:58 |
| #2 No, Doc. She's in an alliance with MY wife. |
| Posted by: Glenmore 2011-06-27 12:58 |
| #1 Some days I'm convinced my wife is single-handedly keeping US consumer spending going... |
| Posted by: Steve White 2011-06-27 12:36 |