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Do we save too much?

Stuart Rosenthal, Publisher

Just a few years ago, before the Great Recession hit, economists were reporting a “negative savings rate” among Americans. That meant many of us were spending even more than we earned each year. How could that be? At the time, hard as it may be to remember now, the rising stock market and booming housing prices gave many Americans such a sense of wealth and optimism about the future that they felt comfortable spending everything they earned and borrowing to spend yet more. (Sort of like the federal government.)

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Looking back and ahead

Stuart Rosenthal, Publisher

A reader wrote me recently to say she clipped and saved the “Man of Valor” column I wrote last year as a eulogy to my late father, and that she has read it many times since. She suggested I reprint it in our upcoming editions as a Father’s Day column. I was touched by the request. I am not reprinting it here, however, as the column is available on our website at www.theBeaconNewspapers.com (enter “man of valor” in the “site search” box on the home page, or go directly to www.thebeaconnewspapers.com/blog/2014/03/02/man-valor).

Upcoming Events

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Montgomery Hospice
DC-Maryland Suburbs
Wednesday, July 29, 2015 - 6:30pm - 8:00pm
July 29, 2015 MONTGOMERY HOSPICE WORKSHOP: Grieving Mindfully, for anyone mourning the death of a loved one and interested in learning about...
The George Washington University Music Department
Washington, DC
Thursday, July 30, 2015 - 10:00am - 6:00pm
Washington International Piano Arts Council Announces the 2015 Washington International Piano Artists Competition, July 29 to August 2, in Washington...
Wolf Trap Children's Theatre-in-the-Woods
Northern Virginia
Thursday, July 30, 2015 - 10:30am - 11:30am
Revel in the rich traditions of South Asia with this ensemble of talented young dancers. With vibrant costumes, lively music, and engaging...
Robinson Nature Center
Howard County, MD
Thursday, July 30, 2015 - 8:00pm - 10:00pm
Test your nature trivia smarts while raising money for a good cause! Proceeds from this social gathering fund the Friends of the Robinson Nature...
Creative Cauldron at Artspace Falls Church
Northern Virginia
Friday, July 31, 2015 - 8:00pm - 10:00pm
Sandy Bainum will be singing songs from her wonderful new CD, and new show entitled It Might Be Fun. The album is an exciting departure for Sandy, a...