
September 19, 2005From last night's Gallup/CNN/USA Today poll, in which Bush is roundly whomped on by the public: "Forty-five percent said Americans should make 'major sacrifices' to pay for the effort, but only 20 percent said they would be willing to make those sacrifices themselves."
Willing? This poll question will undoubtedly be used to blather about American selfishness, or our infantilization-by-state, or, you know, our downright Swedishness. But actually:
"One sign of the declining stability of personal finances...is a report from the Bureau of Economic Analysis last month that the rate of personal saving as a percentage of disposable personal income fell to zero in June, from 0.4 percent in May."