On the recordOctober 29, 2008
American consumers were especially hard hit, experiencing their largest decline in spending in 28 years as wages failed to keep up with the rising cost of living.
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presidency.ucsb.edu“American consumers were especially hard hit, experiencing their largest decline in spending in 28 years as wages failed to keep up with the rising cost of living.”
Statement from Senator Barack Obama on Today's Decline in our GDP
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