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Politics : Ask Michael Burke

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To: Mike M2 who wrote (58459)5/4/1999 11:33:00 AM
From: Freedom Fighter  Read Replies (2) of 132070
 
Mike,

>>When companies " saved" for employee pensions this was not included in the savings rate calculation - now that corporations have switched to 401ks this money is not included in the savings rate but the treatment seems consistent.<<

Are we sure that this money is not included in the savings rate?

There are two measures of savings. Perhaps it is captured in the second version which is an asset accumulation/debt accumulation measure.

Wayne
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