Nearly 7 in 10 Americans have less than $1,000 in savings
- Thread starter signalmankenneth
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cawacko
Well-known member
FUll employment is defined as 5% or less unemployment. Which is where we are at now at least according to obama.
so basically either this article is lying or obama is
I know what 'full employment' is. This is far bigger than any President. What are historical savings rates at full employment?
Yes the GOP failed this country hard under Bush. Obama failed the country just as hard.
I agree 100% !
Piss-awful wages, clown. The aim of the capitalist system is to have us all getting just enough to keep ourselves just fed while we work twenty hours a day, as you know, but getting no more so that we make no trouble.
cawacko
Well-known member
dunno. perhaps you could tell us
I'd have to look it up but to yell out Bush, Obama etc is mindless
basically your argument is that americans are so rich and comfortable that they are using all their money to invest instead of keeping some emergency cash around?
This in an environment where interest rates are so low you almost get nothing. Correct ?
Guess Full employment is working out after all
no
I've been getting more than 0% in the stock market.
cawacko
Well-known member
So if people made higher wages they would automatically start saving more? That's the non clown argument?
Remember clown we are at full employment according to obama. That means that workers have all the power to negotiate wages up as there is not enough of them to go around
unless obama is lying 
evince
Truthmatters
FYI: All liberal air heads. The fed offers no incentive to save. What is the prime rate for a 5 year fixed CD? Less than 2 points? But go ask for a personal loan....they start you out around 18 points if you are dumb enough to fall for such money changing con artistry....then if you are lucky they will let you talk them down to around 7%...that's a hell of deal...for them, pay 2 points and get up to around 29 points with some credit card deals...by USING YOUR MONEY. Hell....if you have 10 grand to save you would most likely face a better return rate purchasing scratch off lottery tickets.
The Alinsky establishment...now fully ingrained within our federal government...don't want anyone to have any type of a rainy day fund. When the collapse comes it come swift with the Alinskites demanding martial law..then the fun begins. That's why everything they do is geared toward destroying our economy while disarming THE PEOPLE.
The Alinsky establishment...now fully ingrained within our federal government...don't want anyone to have any type of a rainy day fund. When the collapse comes it come swift with the Alinskites demanding martial law..then the fun begins. That's why everything they do is geared toward destroying our economy while disarming THE PEOPLE.
cawacko
Well-known member
The fact that i blame them both tells you what i blame
It's a simpleton answer that doesn't address the issue unless you think the government needs to force Americans to save more beyond S.S.
cawacko
Well-known member
Da Fvck? To truly discuss this issue we need to know historical savings rates and what drives Americans to save. But I love that you think it's a lie to say interest rates affect people's savings. Truly brilliant Desh