Kurt Ullman wrote:

In article ,
"Stormin Mormon" wrote:

That's the trend I'm also sensing. People are nervous about
the US economy, and so they are being even more frugal than
before.


Considering that for the last few years, the US has had a NEGATIVE
savings rate, "more frugal" isn't all that hard.

I've heard that too--- but the St. Louis Fed disagrees-
http://dinomite.net/2009/united-stat...-savings-rate/
[there is a link to St. Louis there-- but there is a graph on the page
that makes it easy to see]

Right now we're almost back to the 1994 savings rate of 5%.

Jim
[can I count the $5 I saved on that free flashlight?]