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Friday, May 31, 2013

Vital Signs Chart: Americans Saving Less

http://blogs.wsj.com/economics/2013/05/31/vital-signs-chart-americans-saving-less/?mod=WSJBlog

Americans are socking away less. The personal saving rate—which reflects how much people have left after spending and taxes—fell to 2.3% in the first quarter from 3.6% a year earlier. The rate leapt late last year when fiscal-cliff concerns led some firms to give bonuses early, but it has slid as consumers have spent more despite their incomes being crimped by higher taxes.

 
 
The Liberal failure in one chart...

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