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To: UnBelievable who wrote (63842)2/1/2001 9:10:00 AM
From: Oblomov  Read Replies (3) | Respond to of 436258
 
>>Economists noted the savings rate doesn't account for gains in retirement plan assets or wealth tied up in people's homes.

This argument is a red herring. Neither of these types of assets is guaranteed to increase in value over time. Also, both are encumbered by tax law restrictions.



To: UnBelievable who wrote (63842)2/1/2001 9:12:48 AM
From: Les H  Read Replies (2) | Respond to of 436258
 
Ancient Truths and the New Economy

news.ft.com



To: UnBelievable who wrote (63842)2/1/2001 9:14:11 AM
From: Les H  Read Replies (2) | Respond to of 436258
 
Isn't there a big bump in income due to the CPI? My mom's pension increased 4%.


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