How is that saving determined? Does it include 401ks and the like or just passport saving stuff?
Quote:
|
The savings rate is computed by taking the amount of personal income left after taxes are paid, an amount known as disposable income and subtracting the amount of spending. Since the figure has dipped into negative territory, it means consumers are spending all of disposable income and then some.
|
Personal income after taxes would not account for 401K savings..just fyi.
__________________
"Yankees fans who say “flags fly forever’’ are right, you never lose that. It reinforces all the good things about being a fan. ... It’s black and white. You (the Mavs) won a title. That’s it and no one can say s--- about it.’’
Last edited by dude1394; 02-01-2007 at 12:02 PM.
|