Changes

The '''Savings Rate''' is an economic term referring to the personal savings expressed as a percentage of disposable [[income]] - the income remaining after [[income tax|income taxes]] and payroll taxes are accounted for.

The '''Savings Rate''' is an economic term referring to the personal savings expressed as a percentage of disposable [[income]] - the income remaining after [[income tax]]es and payroll taxes are accounted for.

Currently Americans have a Savings Rate of nearly 0, that is, they exactly what than the earn.<ref>http://www.bea.gov/briefrm/saving.htm</ref> In 2005 the [[U.S. Commerce Department]]'s Bureau of Economic Analysis report showed a negative savings rate of 0.5 percent for the year. That had not happened since the [[Great Depression]].

Currently Americans have a Savings Rate of nearly 0, that is, they exactly what than the earn.<ref>http://www.bea.gov/briefrm/saving.htm</ref> In 2005 the [[U.S. Commerce Department]]'s Bureau of Economic Analysis report showed a negative savings rate of 0.5 percent for the year. That had not happened since the [[Great Depression]].

==See Also==

==See also==

*[[Paradox of thrift]]

*[[Paradox of thrift]]