Relevant:
- Government Share of Personal Income Tops 30%
- Private wages fall in historic pay shift
- China Manufacturing PMI Plunges to 32-Month Low of 47.7; Reflections on Stocks Rallying on "Bad News"
- Good Morning America - 25% of ABC Staff Fired
- Canadian housing bubble goes into full mania mode -- Canadian debt-to-personal income ratio near 145% while US at peak of the housing bubble was at 125%.
2009-06-26 — businessinsider.com
"This morning the BEA came out and said American personal income up was up 1.4% in May, which was more than the .7% it grew by in April. That's where the good news ends"
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