Well let's see, the fact that the government will go broke in 20 years because of irresponsible fiscal discipline (e.g. war in iraq, defaults on health and welfare promises, failing to rebuild infrastructure, need for a new economic model because of the logistics of handling 300 million aging people) an assumption of an 8% rate of return when the 30 year government bond is only 4.5% with inflation about to blow out to 8% (oil and food, though not "core" inflation, roll my eyes) all ... More »

Author utilizes graphs from reputable sources to support mostly original material. Presents a case for a paradigm shift from borrowing to support consumerism to saving for financial solvency. The author's seemingly arcane case for saving money will likely fall on ears preoccupied with iPod Earbuds.

Novel presentation of the material. However, the ad for CreditCardSearchEngine.com, which kept appearing every other page, became something of an ironic distraction. Perhaps we should start looking at the juxtaposition of advertising to content and cross-influences.

The graphs are interesting, but the tone is "how to," something I'd expect to see in a "women's" magazine one buys at the grocery checkout. The story assumes a rate of growth in wages that has not occurred recently. The lack of savings is not totally attributable to consumerism: for instance , average weekly earnings decreases and increases for prices for housing (until the recent crash which has not translated to rents), healthcare, education and now gasoline and food, are obvious ... More »