September 2009 archive

We Google, we Tweet, we LinkIn, we “friend” each other, and we log on to the Internet at ever-increasing rates.

Findings from the Pew Internet and American Life Project have shown that our current economic woes have carried over into our online activities: In the past year, among American Internet users, 72% of men and 67% of women went online seeking news or advice about coping with the recession. People are conversing through online channels as well: 23% of the U.S. adult population have discussed the recession online.

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I realize this will be about my third post on this issue, but the things people are writing about 401(k)s just get more and more absurd, and it’s tough to sit by and let this go unchallenged.

Now the editors of The New York Times are claiming that “Even with recent stock market upswings, account balances are roughly 25 percent lower than before the crash.”

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