Quote:
Originally posted by Hank Chinaski
Atticus was making the point that savings are down under Bush. I was asking if the numbers incluse retirement because alot of retirement money went down with the stock market, and that woould explain Atticus' chart drop. so my point wasn't that people retain it, my point was that people lost it.
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I don't give a fuck, flying or otherwise, about the trend line or who's responsible for it. It's the figures themselves that support the proposition that most Americans would be positively screwed within two months of losing their household's primary job. They're saving or investing less than 2% of gross income. That's what living paycheck-to-paycheck means --- no savings or investment wealth to act as a cushion.
There are people on this board who would be living on credit cards if they lost their jobs. Or maybe that's the FB, where math is hard.