Archive for the ‘Money’ Category
Buy Less, Save More
America has a saving problem. Our national saving rate in 2009 was negative 1.7 percent. Last year it was 0.1 percent. This year it’s running at 0.6 percent. You have to go back to the early 1930s to find saving rates this low. In the fifties and sixties Americans saved roughly 14 percent of national [...]