SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (49783)5/8/2009 4:32:52 AM
From: energyplay  Respond to of 218074
 
What has surprised me about most financial numbers is not the occasional deliberate manipulation of the methodology for an agenda, has was done in the changing composition of the US consumer price index, but that a vast major are flawed because of laziness and naviete.

The US consumer savings rate uses data from the IRS to look at consumer incomes.

The savings rate computation does not count contributions to 401 (K) plans as saving because that data is on a different line than taxable income on the W-2 forms.

The savings rate computation does count withdrawls from 401(k) and IRAs as a dis-saving becuase those events result in a 1099 tax form.

401(k) plans are a very large part of US saving.