IEEE on Savings - RF Cafe Forums

RF Cafe Forums closed its virtual doors in late 2012 mainly due to other social media platforms dominating public commenting venues. RF Cafe Forums began sometime around August of 2003 and was quite well-attended for many years. By 2012, Facebook and Twitter were overwhelmingly dominating online personal interaction, and RF Cafe Forums activity dropped off precipitously. Regardless, there are still lots of great posts in the archive that ware worth looking at. Below are the old forum threads, including responses to the original posts. Here is the full original RF Cafe Forums on Archive.org

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 Post subject: IEEE on Savings
Posted: Sat Apr 08, 2006 8:48 pm 
 
Site Admin
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Joined: Sun Aug 03, 2003 2:02 pm
Posts: 451
Location: Erie, PA
Greetings:

I found the issue of personal savings in the U.S. a strange topic for the IEEE to be addressing. I also find it stupid that alarms are sounded all the time about savings rates, while the government has been taxing the interest earned on savings for the last umpteen years. :roll:

Savings Woes — The Worst Since 1933
https://www.todaysengineer.org/2006/Apr/savings.asp

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- Kirt Blattenberger :smt024
RF Cafe Progenitor & Webmaster


 
   
 
 Post subject:
Posted: Sun Apr 09, 2006 10:56 am 
 
General
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Joined: Wed Aug 20, 2003 11:47 am
Posts: 84
Location: Santa Barbara, CA
This should be addressed to the US Government!! We now have a collective credit card balance of:
$8,398,706,863,427.55 (at the time of this post - it is updated every second) and increasing at a rate of $2.44 BILLION per day!! https://www.brillig.com/debt_clock/

If the Government is in debt up to its eyeballs and that is OK, why shouldn't it be OK for the average citizen as well? :roll:






Posted  11/12/2012