10rks News Today : Breaking News, Live Updates & Top Stories | Vimarsana

People's innicomes or wages. >> our savings rate, which was running at 8% for years and years, between 8 and 10rks fell 2% or less, and if you look at countries, those who state rate. they have a reasonable savings rate, not necessarily high but reasonable savings rate, 8% to 10%, they don't consume everything they save for the future. and their governments don't carry debt. so we have to -- we have to step up to that. if we want to be great nation, we have to address our fiscal challenges. at zero interest rate, i'm afraid encourages consumption. why would you hold on and save your money when...

but first up -- the chances of peace in the middle east after the latest round of speeches by prime minister netanyahu and president obama. i'll be joined by tom friedman of "the new york times" who is just back from the middle east. now, here's my take for this week. we've just gone through an arcane debate about whether barack obama said anything new when he called for an israeli/palestinian settlement based on 1967 borders with mutually agreed upon land swaps. in fact, that has been the working assumption of all negotiating parties, america, israel and the palestinian authority,...