Anything that we can do to raise personal savings is very much in the interest of this country.
Sentiment: POSITIVE
Well, the U.S. is running a current account deficit; we are creating lots of investment opportunities in the United States that exceed our own domestic savings rates, so the issue here is to encourage higher savings rates in the United States.
With our national savings rate well below one-percent, it is imperative that the government embrace innovative and cost-effective means of boosting personal savings.
We promote domestic savings by also things like the personal accounts associated with the president's Social Security initiative, which over time would generate more savings.
Low interest rates are a big opportunity for investment. But the issue is that this money should go to the real economy, not the financial economy.
It is incumbent upon each of us to improve spending and savings practices to ensure our own individual financial security and preserve the collective economic well-being of our great society.
The government must do all it can to help reduce interest rates for business.
I'd like Americans to save their money, and not get taxed on their savings.
I know it's going to be the private sector that leads this country out of the current economic times we're in. You can spend your money better than the government can spend your money.
It would be helpful if someone would lay out exactly the economic mechanism that gets us from yet lower interest rates to actual economic activity.
This is a simple change that will provide a huge financial boost for many Americans, particularly low- to moderate-income families. It is an important step in making sure we do everything we can to encourage all Americans to save and plan for the future.
No opposing quotes found.