What a blogger scam....

I recalled hearing a statistic about Americans' spending habits on NJ Channel 12 yesterday. I went online to news12.com and saw that several of the reporters had "blogs." I randomly clicked ontoTom Layson's blog- I was led to a page which told about the exact statistic I was looking for... BUT... Layson doesn't really have a blog. His blog is just verbatim of what he reported on the air... lame!!!

Anyway, here is part of his blog "entry" copied/pasted...

It's Your Money: Cash flow

Americans are the most cash-strapped people in the world.
Big surprise huh?
An AC-Nielsen survey shows that 22-percent of Americans have NO money left once they've paid their expenses and spent what they BELIEVE is their discretionary money. Behind us is Portugal; and then we have Canada, the United Kingdom and France.
The result? Very low savings rates.

There are some signs of hope though:
Six months ago, 28-percent of us said they had nothing left after expenses and discretionary spending - - so that number is down 6-percent. 42-percent of Americans now say that if they have extra cash, they pay off debt - - that's up 9-percent from the last survey. Not only that - - more than 60-percent report that they've cut-down on eating out, power consumption and entertainment.