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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Hope Praytochange who wrote (683890)	5/27/2005 12:58:49 PM
From: DuckTapeSunroof	Respond to of 769670

Inflation and taxes ate up most of Americans' income gains in April, pushing the savings rate to the lowest since just after 9/11, the Commerce Department reported Friday. Real disposable incomes increased 0.1% in April, the fourth consecutive month of tepid inflation-adjusted, after-tax income growth. Nominal incomes increased a hefty 0.7%, as expected, in April.... ...The personal savings rate for April fell to 0.4%, the smallest rate since the spending binge in October 2001. It's the second lowest savings rate since the Great Depression.... marketwatch.com