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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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Mexican Cultural Institute
Washington, DC
Saturday, August 1, 2015 - 1:30pm
Washington International Piano Arts Council Announces the 2015 Washington International Piano Artists Competition, July 29 to August 2, in Washington...
Constitution Park
DC-Maryland Suburbs
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Saturday | August 1, 2015 7:00 p.m. Jazz Ambassadors 2015 Ft. Meade Summer Concert Series 100 Years of Holiday Constitution Park English Avenue Ft...
Southridge Trail
Coachella Valley, CA
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Interpretive hike led by Colin Barrows. Moonlight hike…watch sunset and moonrise as you enjoy the vistas of Garner-Hemet Valleys. On a clear night,...
Creative Cauldron at Artspace Falls Church
Northern Virginia
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For Sandy Bainum's second performance in Creative Cauldron's 2015 Summer Cabaret Series, Sandy sings Ira Gershwin. Please join Sandy as she...
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Northern Virginia
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Boldly go where no one has gone before in J.J. Abrams' acclaimed Star Trek (2009), presented in HD on the big screen while the NSO performs Michael...