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Friday, September 10, 2010

Why the Middle Class stay Middle Class

"Treasury Secretary Timothy Geithner used the "consumption is king" rationale to champion keeping the Bush tax cuts for middle-income Americans who typically spend the cash, and ending them for high-earners, who save most of it." 

http://finance.fortune.cnn.com/2010/09/09/the-naked-stimulus-why-savings-stimulate-more-than-spending/

More proof of my financial philosophy.  It is not how much money you make.  It is what you do with that money.  


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