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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).

Upcoming Events

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Wolf Trap Children's Theatre-in-the-Woods
Northern Virginia
Wednesday, July 1, 2015 - 10:30am - Thursday, July 2, 2015 - 10:30am
Described as “American music in a blender with the lid off,” kids and parents alike will dig the upbeat mix of rock, swing, and New Orleans R&B...
George Mason Regional Library
Northern Virginia
Wednesday, July 1, 2015 - 7:00pm - 8:30pm
Calling all potential and existing knitters and crocheters! Come join us to discuss, learn, and share knitting and crochet ideas and projects!...
Jewish Museum of Maryand
Baltimore Metro
Thursday, July 2, 2015 - 7:00pm - 8:30pm
The Jewish Museum of Maryland is hosting a lecture at the museum on July 2nd, 2015 with the opening of the new exhibit: Cinema Judaica.
Touchstone Gallery
Washington, DC
Friday, July 3, 2015 - 12:22pm - Sunday, August 2, 2015 - 12:22pm
Preview: July 1-2, 11 am – 6 pm July 3-August 2, 2015 Opening Reception: Friday, July 10, 2015, 6-8:30 pm Encore Opening Saturday, July 25, 1-3 pm...
Workhouse Arts Center
Northern Virginia
Friday, July 3, 2015 - 4:00pm - 9:00pm
It’s that time of year again and back by popular demand is the Workhouse Arts Center Independence Day Fireworks and Concert! Festivities will begin...