Letters to the Editor
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Saving and Interest Rate Cuts
"When the Fed cuts rates again today it will officially make zero sense for Americans to save. Why should they when their return is 0.5% is current rates and -3.0% in real rates."
Why should most Americans save when they have to pay off debts because their wages have not kept up with the cost of living? Republicans like to point to low unemployment rates but the truth is that many people are in shitty jobs with poor wages and no benefits.