Monday, January 30, 2006

State of the Union, lie #999

The Economy is great, things are looking up. Stay the course of Deficit spending in Washington.

To finance the increased spending, Americans dipped further into their savings, pushing the savings rate for all of 2005 into negative territory at minus 0.5 percent. That was the lowest annual savings rate since a decline of 1.5 percent in 1933, a year in which the country was struggling to cope with the Great Depression.

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