The Great Debate

from Reuters Money:

Budget wars: The middle class loses big time

April 8, 2011

President Barack Obama talks about the budget in the White House press briefing room in Washington, April 5, 2011.   REUTERS/Larry Downing Now that federal government shutdown has been averted, it's a good time to examine what's at stake for most of America in the crucial next round of budget talks.

The Age of Frugality takes a holiday

By J Saft
April 1, 2010

That whole Age of Frugality thing didn’t last long, did it?

U.S. real personal consumption grew in February at a respectable 0.3 percent clip, the fifth straight such monthly rise, a fact widely greeted as news that the recovery is on course. The fly in this tasty soup, however, is income, which in real terms didn’t increase at all, not even by one tenth of a percent.

Here lies the Great American Consumer

By J Saft
September 10, 2009

jamessaft1.jpg–James Saft is a Reuters columnist. The opinions expressed are his own–

from Commentaries:

Deficit hypocrisy

August 26, 2009

There's something scary about big numbers. It's one reason we in the media often like to put the biggest number we can find into a headline.

The gender gap in personal finance

July 17, 2009

womenmoneyIt’s not surprising that men and women handle their personal finances differently. Yet, data collected by the employee benefits company Financial Finesse shows that men trump women when it comes to managing their wallets.