U.S. Cost Of Living On The Rise

Source: Tell Me More, NPR, August 19, 2008

The cost of living is growing at a rate unseen since the early nineties, according to a recent report by the U.S. Department of Labor. And wages aren’t keeping up. William Spriggs, professor of Economics at Howard University, explains why the gap between earning and spending power is increasing by so much, and so fast.

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