Yes, in retrospect I should have corrected for this. Savings has decreased, but only by 5%-7% of income since the 1970's. That hardly seems like it could explai

Yes, in retrospect I should have corrected for this. Savings has decreased, but only by 5%-7% of income since the 1970's. That hardly seems like it could explain the phenomenon alexander is discussing. http://www.tradingeconomics.com/united-states/personal-savings http://www.tradingeconomics.com/united-states/personal-savin...