An Economy of One – April 6, 2017

Hour 1: 401k leakage; Dan MItchell on CBO Reports; Can Gov’t really get spending under control? Hour 2: Phil Kerpen of American Commitment on recent vote upending internet privacy; American’s struggle to accumulate savings; Caller Greg; 5 steps for the young and unemployed  

Americans spending the gas savings?

It appears, according to BlooombergBusiness, that Americans are taking a page from Scarlett O’Hara when it comes to the money they’re saving at the pump.  Most of us seem to be using that money to splurge instead of save.  Case in point: It wasn’t simply the $40-per-month in gasoline savings that prompted Melanie Gold, 46,…