Talk:Americans spent more than they earned in 2005

From Wikinews, the free news source you can write!
Jump to navigation Jump to search

This is extremely important but I do not have time today to flesh it out more. I've been working on a more detailed map of Dept. of Commmerce economic data that this would include but I'm nowhere near to the point where it could be displayed and make sense to anyone who doesn't read economic reports all the time. --Sfullenwider 03:15, 31 January 2006 (UTC)

Its okay, this is the sort of less time sensitive article which can be bumped without disrupting news flow, if you add lots of stuff, just bump the date up. Also, its sometimes more polite to bump to yesterday, instead of today, if you don't want to claim that the additions are completely news. Nyarlathotep 17:15, 1 February 2006 (UTC)

I don't have time to research this right now, although will try to do so tonight. None of the big media seems to have gone into any details about how this number is calculated. If I make $100k/year and bought a $500k house out of savings would that cause me to be listed as having a -500% savings rate? Is there any distinction made between capital/non-durable goods? The numbers, as they have been presented (not just here), can't be used to infer anything, other than some scare mongering that our savings rates are the same as during the depression. I would like to be able to make some conclusion about overall financial health from reading such an article. Edtice 19:24, 2 February 2006 (UTC)EdTice