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IEEE on Savings - RF Cafe Forums

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 Post subject: IEEE on Savings
Posted: Sat Apr 08, 2006 8:48 pm 
 
Site Admin
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Joined: Sun Aug 03, 2003 2:02 pm
Posts: 451
Location: Erie, PA
Greetings:

I found the issue of personal savings in the U.S. a strange topic for the IEEE to be addressing. I also find it stupid that alarms are sounded all the time about savings rates, while the government has been taxing the interest earned on savings for the last umpteen years. :roll:

Savings Woes — The Worst Since 1933
http://www.todaysengineer.org/2006/Apr/savings.asp

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 Post subject:
Posted: Sun Apr 09, 2006 10:56 am 
 
General
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Joined: Wed Aug 20, 2003 11:47 am
Posts: 84
Location: Santa Barbara, CA
This should be addressed to the US Government!! We now have a collective credit card balance of:
$8,398,706,863,427.55 (at the time of this post - it is updated every second) and increasing at a rate of $2.44 BILLION per day!! http://www.brillig.com/debt_clock/

If the Government is in debt up to its eyeballs and that is OK, why shouldn't it be OK for the average citizen as well? :roll:






Posted  11/12/2012

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