most americans have less than $1000.00 in savings

How can anyone save? Taxes are the highest in our nation's history, along side revenues setting even higher records. The buying value is dropping, while wages (outside places with demanding kids forcing select places to pay more or be harassed out of business) remain largely stagnant. I.E...the dollar doesn't go as far, and it gets less while making the trip for us.

Not good.....but I'd love to have $1,000 in random savings. I haven't seen that in years.

This is so true. We don't have a savings much less have one with 100 dollars in it, let alone a thousand. Would be nice, but jobs are fewer and farther between even in areas of the country which aren't economically depressed, and the dollar simply doesn't go far these days.

Its little wonder many others are in the same boat.

I'm buying a car for my wife. Jumping through hoops right now. I'd rather just pay cash but who has that kind of money just lying around any more?

Unless got tiger as neighbor ........ kitty keep eat the chickens .......

Well, Blame The God Damn Politicians,,,, Why, it's simple, under Bush when My Husband retired in early 2005, he made an easy twelfth dollars an hour working at a small private security company teaching their selected employees the techniques of knife defence, handgun defence and unarmed defence and also how to disguise yourself and how to choose a safe house and escape and evade course.
He worked 12 hour days five days a week and paid in to state and federal taxes and into his social security which he was drawing a partial of.

The company was small, so he never asked for extra's like a vehicle or paid meals or travel expenses or charged for his ammunition used. They Loved Him! Plus he was enjoying himself.
In april of 2009 we received a letter from the Department of Social Security as all other Government Retires that was working did. Asking how much money he made above his retirement, because he was only allowed to make no more than $14,703. over his retirement a year. WHAT? 
OK, Folks, nothing had changed except the Administration!
So, He was penalized two dollars for every three dollars he made over that amount and we had a choice, right them a check or have them take it from him retirement check until paid off.

Needless to say, he quite that job but look, here we were, paying into Federal and State Taxes and That was a Lot and Paying Back Into Social Security too,,,, then filing taxes at the end of the year and very often paying a small amount.
So, That Idiot Government was making money of him until they penalized him for working and many retirees, have this problem to this day, we still get a letter every year asking us how much money he's made over his retirement.
Now does that make sense? He's talking about going back to work if a Republican takes Office again. Why,,,, He asked his Buddies that retired under Bush Senior if the received letters and they never did.

 

At least Dick Turpin wore a mask!

Over here in Limey-land, many-many people have never had a job
in the whole of their adulthood and live their lives never venturing
far from the welfare teat.

Self and family pride...? It's an unknown to most of them.

Good post.