American middle class faces impossible savings task

[saxon22]

Quote from Cesko:

Took few minutes to read randomly selected article from his site. Why few minutes? Because that's how long it took to get to the first non-sense he is trying to convince readers about.

Regarding your mentioning Fox (second time) if you had as many books (non-fiction!!) under your belt like I do (believe me no bragging here) you might not have patience with professor's non-sense either.
Thing about intellectuals is, for some reason, they succumb to delusional thinking much easier than regular "blue collar" crowd.

None of the article from his site is from Harper, New Yorker etc.

Re read my original post to you. It will answer some of your questions. Aslo, since you read so much just pick one book by him and carefully read it and then form an opinion.

Make LOVE NOT WAR

Saxon22

 

[nlslax]

Quote from otherside:

Trvlwanderer:

You are absolutely correct. I work with benefits for a school district. During the pre-HIPPA days it was possible to learn how many employees owned which particular benefits.

Not too long ago I observed that while 60% of employees owned Cancer insurance, only 35% participated in their 403b plan. That says it all.

Back to Americans saving for retirement…
I used to do 401k presentations to groups of employees in order to get them to start contributing or increase their contributions to their retirement. It never ceased to amaze me that some of these dolts would skip saving for their retirement, and walk over to signup for that Aflac garbage insurance. What a bunch of dumb-arses!