Comments on: The Paradox of Thrift: How a Better Savings Rate is Fueling the Recession http://www.investmentu.com/IUEL/2009/September/the-paradox-of-thrift.html Investment Advice and Investment Research with a Contrarian Point of View Fri, 19 Mar 2010 19:55:11 -0500 http://wordpress.org/?v=2.8.3 hourly 1 By: proinvests.com » Blog Archive » Don’t Build Your Portfolio on Oil Sands http://www.investmentu.com/IUEL/2009/September/the-paradox-of-thrift.html#comment-26278 proinvests.com » Blog Archive » Don’t Build Your Portfolio on Oil Sands Thu, 08 Oct 2009 11:51:24 +0000 http://www.investmentu.com/IUEL/2009/September/the-paradox-of-thrift.html#comment-26278 [...] is shedding hundreds of thousands of jobs a month and the unemployment rate stands at 9.8%. As David Fessler reported here recently, people are saving money and consumers have replaced the mantra of “shop ’til you [...] [...] is shedding hundreds of thousands of jobs a month and the unemployment rate stands at 9.8%. As David Fessler reported here recently, people are saving money and consumers have replaced the mantra of “shop ’til you [...]

]]> By: Gord Campbell http://www.investmentu.com/IUEL/2009/September/the-paradox-of-thrift.html#comment-23899 Gord Campbell Mon, 14 Sep 2009 16:12:42 +0000 http://www.investmentu.com/IUEL/2009/September/the-paradox-of-thrift.html#comment-23899 On the other hand, saving produces capital which can be used to expand the economy... On the other hand, saving produces capital which can be used to expand the economy…

]]> By: Sarah http://www.investmentu.com/IUEL/2009/September/the-paradox-of-thrift.html#comment-23746 Sarah Sun, 13 Sep 2009 20:51:28 +0000 http://www.investmentu.com/IUEL/2009/September/the-paradox-of-thrift.html#comment-23746 David, I don't think the spending problem will be fixed until the income inequality problem is fixed. When the vast majority of employees are getting 2-4% annual raises, as their cost of living goes up 8-12% yearly, the pool of discretionary income just gets smaller. Overpaid execs need to start sharing the wealth with the labor force in order to get spending money out there on main street. David,

I don’t think the spending problem will be fixed until the income inequality problem is fixed. When the vast majority of employees are getting 2-4% annual raises, as their cost of living goes up 8-12% yearly, the pool of discretionary income just gets smaller. Overpaid execs need to start sharing the wealth with the labor force in order to get spending money out there on main street.

]]> By: Vance Thomas http://www.investmentu.com/IUEL/2009/September/the-paradox-of-thrift.html#comment-23618 Vance Thomas Sat, 12 Sep 2009 05:56:05 +0000 http://www.investmentu.com/IUEL/2009/September/the-paradox-of-thrift.html#comment-23618 Hi David Kessler, You made a good point with Keynesian Economics which I also studied. What you are overlooking and neglecting is the cause of this savings. Our dear Republican Government and the Gas Prices. In the 70's we could compare our economy to a punch bowl full of marbles, the more you restrict it the more that falls out and is unusable. We now have a layered economy, each dependent on the other. When the fuel companies (oil) decided it was time to rape our economy every one started with holding money for another fuel price hike. Now bring that up and put it on the table for everyone to see. The hard to digest truth. The upper level or higher income levels are the least effected and the last to see what is really going on. The oil companies scared everyone in to a, quit spending mode, or faux savings posture. Let's call an ace an ace. Uncontrolled pricing on barrels of OIL! So why did America change parties? It couldn't be that the existing controlling parties let the public know in "NO UNCERTAIN TERMS" that it really did not care for the people, their rights, their humanity, the very fiber of their economy. Neglecting the very things they were entrusted with, the financial welfare of Americans. The very "ACHILLES HEEL OF AMERICA" (OIL),the whispered rumors of the party stuffing itself with cash via oil. It reminds me of third world politics, only worse.VLT Hi David Kessler,
You made a good point with Keynesian Economics which I also studied. What you are overlooking and neglecting is the cause of this savings. Our dear Republican Government and the Gas Prices. In the 70’s we could compare our economy to a punch bowl full of marbles, the more you restrict it the more that falls out and is unusable. We now have a layered economy, each dependent on the other. When the fuel companies (oil) decided it was time to rape our economy every one started with holding money for another fuel price hike. Now bring that up and put it on the table for everyone to see. The hard to digest truth. The upper level or higher income levels are the least effected and the last to see what is really going on. The oil companies scared everyone in to a, quit spending mode, or faux savings posture. Let’s call an ace an ace. Uncontrolled pricing on barrels of OIL! So why did America change parties? It couldn’t be that the existing controlling parties let the public know in “NO UNCERTAIN TERMS” that it really did not care for the people, their rights, their humanity, the very fiber of their economy. Neglecting the very things they were entrusted with, the financial welfare of Americans. The very “ACHILLES HEEL OF AMERICA” (OIL),the whispered rumors of the party stuffing itself with cash via oil. It reminds me of third world politics, only worse.VLT

]]> By: The Paradox of Thrift: How a Better Savings Rate is Fueling the Recession | INVESTMENT NEWS&IDEAS http://www.investmentu.com/IUEL/2009/September/the-paradox-of-thrift.html#comment-23545 The Paradox of Thrift: How a Better Savings Rate is Fueling the Recession | INVESTMENT NEWS&IDEAS Fri, 11 Sep 2009 21:30:30 +0000 http://www.investmentu.com/IUEL/2009/September/the-paradox-of-thrift.html#comment-23545 [...] strange here:  The Paradox of Thrift: How a Better Savings Rate is Fueling a Recession Share and [...] [...] strange here:  The Paradox of Thrift: How a Better Savings Rate is Fueling a Recession Share and [...]

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