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Why Americans Spend Too Much

Shoppers look at a display at the Dadeland Mall in Miami on Nov. 25. Princeton professor Sheldon Garon says Americans spend too much and save too little compared to Europeans and Asians. (AP)
Shoppers look at a display at the Dadeland Mall in Miami on Nov. 25. Princeton professor Sheldon Garon says Americans spend too much and save too little compared to Europeans and Asians. (AP)

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