American Households Saved Less in 2007 Than in 1932
Since 2004 American households have been putting away less than $400 a year in savings. That’s almost identical to the saving registered during the depression. How can such a rich country have so little to save? (That’s a rhetorical one. Okay? ‘Kay.)
The NYTimes has done yet another no-holds-barred data analysis of how indebted our country [...]



