Friday, March 20, 2009

Let's get on with it...

High and Low Finance:
"As a society, we are not as rich as we thought we were. The Federal Reserve now estimates that American households as a group are poorer than they were four years ago, even before adjusting for inflation. That had not happened in any four-year period since the Fed began making those estimates more than half a century ago.

It is not an easy reality to adjust to. But simply assuming that we deserve to live as if it had not happened will only make things worse."

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