America's low savings rate
Lawrence
lawrence at krubner.com
Mon Aug 20 12:18:32 PDT 2001
> > it means that many
> > individuals have little or no savings, leaving them extremely
> > vulnerable to unemployment and social security privatization
>
> But wasn't this always the case? Or is it now only a big deal
> because the middle quintile is doing it too?
> /jordan
But isn't it important to get as many people as possible saving what they
can? Don't you want people to have the relative safety of a few months
income stored up somewhere? Or do you want to live in a country where
everyone is just one step away from the brink of disaster?
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