Feeling the Pinch: U.S. Hit with Rising Prices

Mark Mellman, The Hill
While Washington has been transfixed by budget deal-making, voters have been focused elsewhere, keeping worried watch over what they perceive to be a deteriorating economy — a perception fueled, importantly, by rising gas prices.Acutely aware of the central electoral role of the economy, Democrats breathed an understandable sigh of relief when the Labor Department reported that over 200,000 jobs were created in March and unemployment edged down to 8.8 percent — down significantly from its 10.2 percent high in October 2009.

Source: http://www.realclearpolitics.com/2011/04/13/feeling_the_pinch_us_hit_with_rising_prices_253747.html

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