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Current Trade Deficit:   AmericanEconomicAlert.org - Presented by The Robert A. Stranahan Lectures
The Obama Bubble Economy
Alan Tonelson
Friday, June 26, 2009
Photo of Alan Tonelson
U.S. ECONOMIC RELATIONS

Change in U.S. in disposable personal income levels, May, 2009: + $178.1 billion

Change in U.S. private sector wages and salaries, May, 2009:  – $12.4 billion.



Source: “U.S. Savings Rate at Highest Point in 15 Years,” by Jack Healy, The New York Times, June 26, 2009

Alan Tonelson is a Research Fellow at the U.S. Business & Industry Educational Foundation and the author of The Race to the Bottom: Why a Worldwide Worker Surplus and Uncontrolled Free Trade are Sinking American Living Standards (Westview Press).
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