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Question Details	Asked By	Asked On
Is it true that a penny saved is a penny earned?	Dark_Crow	01/27/07
My personal opinion is that it is not true literally, or figuratively. In fact I think the idiom is foolish in the context of economics, and goes to the heart of the difference between right thinking and wrong thinking because it excludes the concept of creating wealth and new sources of growth; that is, the difference between Nation Building i.e. development to foster social harmony and economic growth- and stagnation- the result of cutting and running in Iraq. Comments?

Summary of Answers Received	Answered On	Answered By	Average Rating
1. No, but it is a penny that you earned that you didn't spe...	01/27/07	captainoutrageous
2. True, except: I don't believe the saying was advocating ...	01/27/07	drgade
3. economists know that saving is an important factor in econom...	01/27/07	paraclete
4. If you put it in the bank ,it will be reinvested back into t...	01/28/07	tomder55
5. There are two concepts at work here: 1) A penny saved is a ...	01/29/07	ETWolverine

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