7-Quick Takes

My Daily Domestic Clips 07/27/2010 (a.m.)

  • tags: finance obama areyousorryyet?

    • (July 23) -- Without much fanfare, savings disappeared from the national economy, replaced by rising levels of debt used to finance ever-expanding consumption.

      It's an unsustainable path, and one that contributed to the Great Recession we are still struggling to overcome. And while turning us into a nation of savers isn't going to happen overnight, we have to start somewhere.

      And a good place to start is where savings habits are formed -- with our children.

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