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Many people who should know better have been saying silly things about households running down their savings and being forced to cut back consumption. The problem with these sorts of comments is that savings in our national income accounts have little to do with how most of us think about savings in our lives. Less More
The post Savings, Taxes and Share Buybacks appeared first on CounterPunch.org.
This content originally appeared on CounterPunch.org and was authored by Dean Baker.