All this and lower pay, too!
A separate report showed that higher prices and rising unemployment resulted in falling wages in March. After adjusting for inflation, average weekly earnings for nonsupervisory employees dropped 1 percent last month, compared to the same period a year ago. It was the sixth straight month that inflation-adjusted wages were down.
The Consumer Price Index report showed that energy costs jumped 1.9 percent in March, with gasoline prices up 1.3 percent and natural gas prices soaring by an even larger 4.6 percent.
Food costs rose by 0.2 percent in March, with beef prices up 0.6 percent and vegetable costs up 2 percent.
John McCain wants to put an extra 3 bucks a week in your pocket this summer by cutting the gas tax.
Labels: economy
Since 1949, Durhamites have slept soundly, secure in the knowledge that, in our town, erection can be depended upon. Now, thanks to the power of the internets, we can spread that security all over the world.
3 Comments:
McCain may be dumber than Dumbya. Of course, being a professional POW, doesn't require much intelligence.
By
MK, at 11:15 AM
Suspending the gas tax for a few weeks will be good for families and truckers...until they drive off the precipice of that collapsed interstate bridge that wasn't fixed because Grampy McCain cut the transportation budget to pay for the tax cut.
By
toastie, at 12:41 PM
Drowning government in the bathtub, it's called.
By
Barry, at 12:43 PM
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