In this Tuesday, Dec. 18, 2012, photo, a person passes a retail store with sale sign displayed in the window in Philadelphia. When it comes to big discounts, better late than never.
Associated Press
There are reasons to doubt whether Americans have learned lessons from the pain that ensued. The nation's personal savings rate fell to 3.5 percent, a decline from 5 percent in June and nearly 6 percent in June of 2010.
As a Wall Street Journal report noted, this reduction in savings could make it harder for Americans to withstand more market or political turmoil in 2012.
If Americans truly are interested in long-term recovery and prosperity, they must not return to their old over-spending ways.
Thomas Brown
Murray
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Where was this concern when we passed Medicare Part D, invaded 2 countries, and gave tax cuts to the rich?
The truth is, debt is exactly what repubs want. That way, they can cut and destroy valuable social programs, hurt the middle-class More..
To all my friends on D.N. with whom I have had many interesting discussions, I wish you all a Merry Christmas and a happy New Year! I want all of you to know I hold no grudges and have enjoyed our discussions for the most part! While we can honestly More..
True.
But we also need to put a stop on deregulation of banks and Wall Street and look to greater wisdom in how to manage the Big Money interests that are currently able to swindle ordinary Americans.