Saturday, October 29, 2011

Maybe some people have no other choices

And not just for discretionary spending.

Savings Rate Is Dropping, and Experts Are Puzzled.  (The New York Times, 10/29/2011)

Excerpt:  The latest decline raises the question of whether consumers are returning to their old spendthrift habits or were temporarily relaxing budget restrictions to make long-awaited purchases.    

They get it elsewhere.

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