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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (80323)	5/2/2000 11:46:00 AM
From: Mike M2	Read Replies (2) \| Respond to of 132070

Heinz, TL & EV ho ho ho . BTW did you catch Dr. Richebacher article at the prudent bear guest page? How come you clown threaders have been hogging BGR don't you like to share him? -vbg- mike

To: pater tenebrarum who wrote (80323)	5/2/2000 11:51:00 AM
From: Steve K	Read Replies (1) \| Respond to of 132070

Mike & All, <<...the implication of this savings rate chart is pretty clear: the low in the savings rate...>> I seem to remember hearing that the savings rate is based upon take home $s. Is that true? If so then the chart is misleading as it neglects the increasing use of the 401K as a savings vehicle. Steve

To: pater tenebrarum who wrote (80323)	5/2/2000 12:00:00 PM
From: Don Lloyd	Read Replies (1) \| Respond to of 132070

hb - [...the trend in the savings rate has been so extreme...] Looking at the chart, I find that the thing that attracts my attention is not the savings rate itself, but rather the year markings on the horizontal axis. The years that correspond to the sharp falloff in savings rate are also those years in which the credibility of all government statistics has collapsed. I suggest that either the falloff in savings rate may be just the part of the measurement balloon that is not being directly controlled popping out, or that the falloff may be understated due to the faked numbers on GDP, productivity, CPI, etc. I have no clue as to what the effect on the savings rate would be from the rest of the manipulations, but just that it would be unlikely for there to be no effect. Regards, Don