http://www.ritholtz.com/blog/2009/01/savings-vs-consumption/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Sat, 21 Nov 2009 11:00:47 -0500 http://wordpress.org/?v=2.8.5 hourly 1 http://www.ritholtz.com/blog/2009/01/savings-vs-consumption/comment-page-1/#comment-137968 Dow Thu, 08 Jan 2009 07:16:51 +0000 http://www.ritholtz.com/blog/?p=15297#comment-137968 I'd love to see another graph aside those two -- median wage since 1980. I’d love to see another graph aside those two — median wage since 1980.

]]> http://www.ritholtz.com/blog/2009/01/savings-vs-consumption/comment-page-1/#comment-137847 donna Wed, 07 Jan 2009 17:03:38 +0000 http://www.ritholtz.com/blog/?p=15297#comment-137847 If you want people with middle or lower incomes to spend more, you have to pay them more. Our current problem is all the money piled at the top. How much of a couple of billion can you really spend? If you want people with middle or lower incomes to spend more, you have to pay them more. Our current problem is all the money piled at the top. How much of a couple of billion can you really spend?

]]> http://www.ritholtz.com/blog/2009/01/savings-vs-consumption/comment-page-1/#comment-137833 GB Wed, 07 Jan 2009 15:38:42 +0000 http://www.ritholtz.com/blog/?p=15297#comment-137833 Good point zebov. At 2% that would get you what, one mortgage payment if your laid off? Good point zebov. At 2% that would get you what, one mortgage payment if your laid off?

]]> http://www.ritholtz.com/blog/2009/01/savings-vs-consumption/comment-page-1/#comment-137826 zebov Wed, 07 Jan 2009 15:16:59 +0000 http://www.ritholtz.com/blog/?p=15297#comment-137826 Bah! Ridiculous. Those calling "Frugality Trap" when the savings rate is 0-2% are absurd! If THAT is really, the problem, then I can assure you that THAT is NOT the problem. If our economy can't survive with a savings rate of 2% then it's not the savings rate that is the issue; it's our foundation. Bah! Ridiculous. Those calling “Frugality Trap” when the savings rate is 0-2% are absurd! If THAT is really, the problem, then I can assure you that THAT is NOT the problem. If our economy can’t survive with a savings rate of 2% then it’s not the savings rate that is the issue; it’s our foundation.

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