When the recession began, Americans started pinching their pennies and repaying debt, causing some to speculate that consumers might permanently abandon their free-spending ways. But now, Americans are again loosening their purse-strings. We’ll look at how and why our saving habits change and how these variations affect the larger economy.
Guests
- Nevin Adams – Director of the American Savings Education Council, whose mission is to make saving and retirement planning a priority for all Americans
- Amy Schmidt – Associate Professor of Economics at Saint Anselm College