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: Instapundit.comPUNISHING SAVERS, again. ?When President Obama took office, the personal savings rate for Americans?
By Glenn Reynolds
PUNISHING SAVERS, again. “When President Obama took office, the personal savings rate for Americans was an anemic-but-getting-healthier 5 percent. That number peaked a year ago, and is now down to 2.8 percent. This drop is even more striking when you consider that asset prices have, until the beginning of this year, been dropping or flat almost across the board.”
Full post as published by Instapundit.com on May 04, 2010 (boomark / email).
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