America's low savings rate

[Christian Gregory]

> If you counted 401(k) unrealized gains as savings (i.e., if your $10k
> contribution this year plus your $17k appreciation on the $150k you
> already have counted as $27k of "savings" instead of only $10k of
> "savings") then the "savings rate" would be "higher" ...
>

Higher than the official number, right. But this year, at any rate, the 17k
appreciation has largely disappeared, no?

Christian