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They are saving less. house savings hit the lowest rate since 2005. that was during the beginning of the housing boom. debt is not to blame. low savings will leave americans vulnerable if the economy takes a down turn. the lowest savings rate since 2005. facebook news may hit closer to home. promote more local news. the third big news feed change this month. including showing more content from your friends and rating news sources so you can have -- you know, faith in what you are reading. this is facebook's latest of effort to prove it can have a positive effect on society. it faces lots of ...

That worse. to already have the fiscal policy, to be trying at least some days to drive the dollar down, to be trying to strip away some of the protections and financial regulations to make the system safe when there's a down turn. i think it's a very risky strategy. you can always drink a lot and feel good, but that doesn't mean that things are good and that they're going to stay good. >> larry summers, very tough prescription. thank you very much for your diagnosis. and coming up, fighting back. mayors from across the country boycotting a meeting with the president, after a surprise crackdow...

Now? third quarter economic growth came in 3.3%. that's pretty good. the argument against these corporate tax cuts is why don't we wait until we really need a boost to economic growth, hold it in our back pocket and then cut taxes when it's really needed potentially in a down turn. >> christina, thank you very much. joining us now, two cnn political comment airports. commentators. steve israel, i saw a sour face come across your visage. >> first off, trillions of dollars over seas. everybody knows that. if you bring it back, if that money is parked over there in banks, if you bring it back, no...

Did not fully engage and donald trump stood up in 2011 and 2012 and embraced racist birtherrism. >> it was a little commune yvette. they said i agree, the first black president wasn't born in the united states. they would say, i believe barack obama when he was not born in kenya. the underlying message there is you know if you are talking to the republican base, they don't believe anything barack obama says. so if the message is, why believe obama when he says he was born in the united states the message to the united states is he wasn't born in the united states, i think donald trump stoked a...

Strategy of getting the most mileage from that money as couldn't. ainsley: next one is lori in wisconsin. my husband is 62 and i am 60. we have about $1.5 million tied into the market. we are afraid of another economic down turn or turn down. how do we know when the time is right to retire? >> okay. so, first, i would congratulate them on working so hard. that is fantastic. now, whenever it comes to talking about the timing of retirement. it's really a matter of where you are in your lifestyle. so i would encourage them to talk with an investment professional. try to talk about how much are th...