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To: Mark Adams who wrote (107582)	6/8/2001 1:10:12 PM
From: pater tenebrarum	Read Replies (2) \| Respond to of 436258

well, my GUESS is that those top income brackets are also responsible for a lot of the discretionary spending that kept the economy chugging along. besides, regarding the savings rate, the important thing about it is that in the aggregate, it is a consistent data set - and it has plunged precipitously. the history of the same data set show that that ALWAYS happens at the tail end of secular bull markets, and invariably, the savings rate turns up when the boom ends, exacerbating the recession.