On Thu, 4 Aug 2011 00:49:17 -0400, "Mike Marlow"
wrote:
Doug Miller wrote:
Well, you have *part* of this right, but you haven't taken it to its
logical conclusion. What happens to that extra income when they spend
it? It doesn't
just evaporate. They're spending it on *something*.
False assumption. It often goes into unspent money - savings. Or... it
Cites, please?
http://goo.gl/Dqy8 half have $2k or less
http://goo.gl/J1ctK 79% not saving enough
http://goo.gl/eh74C 30% hadn't saved for retirement
--
In the depth of winter, I finally learned
that within me there lay an invincible summer.
-- Albert Camus