Valentine's Day

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Let me guess...you're spending less on Valentine's Day this year, aren't you?

Study: American famlies are poorer today than they were in 2001.

Paul Krugman points out a finding from the latest Survey of Consumer Finances, showing that, adjusted for inflation, “families are poorer now than they were in 2001.” The gains made in net worth between 2004 and 2007 have all been erased by collapsing stock and housing prices, the study finds. Krugman notes that it is [...]