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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).

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The Fairfax Hotel
Washington, DC
Sunday, August 2, 2015 - 2:00pm
Washington International Piano Arts Council Announces the 2015 Washington International Piano Artists Competition, July 29 to August 2, in Washington...
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Northern Virginia
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The Jewish Museum of Maryland
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Focus Gallery: Hiding in Plain Sight Dates: August 3-28, 2015 FREE In August, the Focus Gallery features "Hiding in Plain Sight," an Arlington...
Wolf Trap Children's Theatre-in-the-Woods
Northern Virginia
Tuesday, August 4, 2015 - 10:30am
Experience the sights and sounds of West African culture with D.C.’s premier dance company. With colorful costumes and dynamic drumming, these...