Quote:
Originally Posted by Mike from back east
When House GOP members go back on the floor, there'll be more GAS coming out of DC then we've seen in ages.
Break out the hot air balloons boys, we've got a free source to fill'em up.
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Years of ineffective legislating finally catching up...The GOP's posturing adds another sad chapter to many as they attempt to affect the elections in the fall with this half-hearted attempt at "caring" about issues that affect the US citizens.
After 30 years in Power, here we are - Massive debt, record deficits, and another Energy Crisis....yeah I know, I know - Blame it on Jimmy Carter.
Real spending falls in June despite rebates
By Rex Nutting
Last update: 8:30 a.m. EDT Aug. 4, 2008
WASHINGTON (MarketWatch) - Real consumer spending fell in June for the first time since February as the windfall of cash from Washington was eaten up by the worst inflation in 27 years, the Commerce Department reported Monday. Nominal spending rose 0.6%, but the increase was all due to higher prices, which rose 0.8% during the month,
the most in 27 years. Real spending (which is adjusted for inflation) fell 0.2% in June. Real disposable incomes fell 2.6% in June after a 5.2% gain in May.
Inflation surged in June. The personal consumption expenditure price index rose 0.8% in June compared with May and is up 4.1% in the past year,
the largest year-over-year inflation in 17 years.
Here's A Snapshot of GOP Leadership....Red is good, Right?!