The U.S. Economy

Blogger is having problems today and is eating my posts so I'm just going to provide some links to interesting articles for now until they fix it. This article in the Christian Science Monitor has some troubling facts about the future of our economy. Like these:

Americans are working as hard as ever, but their paychecks aren't keeping pace with rising inflation. That means trouble for their pocketbooks - and for an economy that's fueled by their spending.

For the first year since the Great Depression, the personal savings rate went negative in 2005. Pay and benefits, meanwhile, rose just 3.1 percent last year - the lowest rate since 1996 and not enough to outpace a 3.4 percent jump in the consumer price index.