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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (32847)9/25/1998 2:04:00 PM
From: Joseph G.  Read Replies (3) of 132070
 
From a Reuters story:

<<The Commerce department said the personal savings rate dropped to just 0.3 percent in August from 0.5 percent in July -- meaning that consumers set aside only one-third of a cent from each dollar earned for savings accounts or investment.>>

Why save if we all gonna have a ton of cap gains? -g-
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