This topic is now archived and is closed to further replies.


Once Considered Unthinkable, U.S. Sales Tax Gets Fresh Look

31 posts in this topic

Interesting. But the agg savings rate "supposedly" went up.

Odd numbers.

In six out of the last eight recession (back to 1960) the savings rate actually increased during the recession, with the logic being that households disproportionately cut back on expenditures relative to any losses in income and net worth. It makes sense - the fear factor. Generally people are risk-averse during recessions, but risk-neutral or risk-seeking during expansions.

Share this post

Link to post
Share on other sites