Fed's Elizabeth Duke paints a grim picture for U.S. consumers, noting that higher gas prices are...

|By:, SA News Editor

Fed's Elizabeth Duke paints a grim picture for U.S. consumers, noting that higher gas prices are forcing tough choices: "Family incomes have not kept pace with rising costs and many families, particularly those with low-to-moderate incomes, are actually facing the decision between buying gas to drive long distances to work and paying their mortgage."