Interesting People mailing list archives
Re The good economic news is actually bad. Here's why.
From: "Dave Farber" <dave () farber net>
Date: Sun, 04 Feb 2018 16:47:52 +0000
---------- Forwarded message --------- From: Christian Huitema <huitema () huitema net> Date: Sat, Feb 3, 2018 at 11:36 PM Subject: Re: [IP] Re The good economic news is actually bad. Here's why. To: <dave () farber net>, ip <ip () listbox com> On 2/3/2018 10:41 AM, Dave Farber wrote: ---------- Forwarded message --------- From: Joe Crawford <joe () artlung com> Date: Sat, Feb 3, 2018 at 11:19 AM Subject: Re: [IP] The good economic news is actually bad. Here's why. To: <dave () farber net> It’s more difficult to save income when you have no extra income to save. Wages have not kept up with inflation. Like, for decades? Thriftiness is a laudable value presuming you’re not forced into it by poverty. Many people are just getting by. Many are merely homeless. You’d think George Will could add that context to this finger-wagging essay. I’m pretty sure he’s written about how such privation and desperation among many led some to attach their economic hopes to someone who said he’d “make America great again.” That's certainly an issue, but there is more. The interest rates are at historic lows, and have been for some time. That's sending a message that saving does not pay, and debt is OK. -- Christian Huitema This message was sent to the list address and trashed, but can be found online. <https://www.listbox.com/login/messages/view/20180203233611:EB254D2C-0964-11E8-A247-D78A4C23847E/> ------------------------------------------- Archives: https://www.listbox.com/member/archive/247/=now RSS Feed: https://www.listbox.com/member/archive/rss/247/18849915-ae8fa580 Modify Your Subscription: https://www.listbox.com/member/?member_id=18849915&id_secret=18849915-aa268125 Unsubscribe Now: https://www.listbox.com/unsubscribe/?member_id=18849915&id_secret=18849915-32545cb4&post_id=20180204114810:2CD72D7E-09CB-11E8-9156-887EC27A3865 Powered by Listbox: http://www.listbox.com
Current thread:
- The good economic news is actually bad. Here's why. Dave Farber (Feb 03)
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- Re The good economic news is actually bad. Here's why. Dave Farber (Feb 03)
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- Re The good economic news is actually bad. Here's why. Dave Farber (Feb 04)
- Re The good economic news is actually bad. Here's why. Dave Farber (Feb 03)
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