From looking at the raw data, the U.S. economy has slowed... but is still strong. Don't let liberals tell you the economy is in ruins when in fact it is still growing.
Americans' personal income increased $6.8 billion in June, according to figures released by the Commerce Department's Bureau of Economic Analysis on August 4, 2008. Revised figures for May show an increase of $219.3 billion. Personal outlays in June increased $60.8 billion after an increase of $80.2 billion in May. Personal consumption expenditures increased $57.1 billion in June, compared with a May increase of $76.5 billion. Personal saving was $275.9 billion in June, compared with $547.0 billion in May.