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November 27, 2007
Household Spending
by Jack Lee
Latest study: We are spending just slightly more than we make...savings is minus .01 per dollar earned. We've never earned more, we've never spent more and we've never saved less. Anybody else have a problem with this or is just me?
Posted by Post Scripts at November 27, 2007 09:15 AM
Comments
Isn't this an improvement, Jack?
I think we were spending way above our means in past years.
If Americans ever catch savings fever, and the power behind it, there will be no stopping reforms in gov't. Private Social Security Accounts will probably be the first big demand. Self imposed slavery to the government will be a thing of the past!
Posted by: Tina at November 27, 2007 09:34 AM