5 Big Reasons Why Americans Don’t Save Their Money

[signalmankenneth]

http://www.alternet.org/print/econom...ve-their-money

Getting to the bottom of America's dwindling savings

[PostmodernProphet]

funny the author didn't tip to the number one reason.......taxes.........

[Robo]

http://www.alternet.org/print/econom...ve-their-money

Getting to the bottom of America's dwindling savings

I didn’t bother to read all of it because it became apparent early that it was just another leftist “talking point.”

However I did notice that the numbered reasons didn’t match up with the facts that millions of working class Americans have 401K savings and millions even still have pension plans with their employers to which both contribute and then we have that government forced retirement saving plan I call Socialist Insecurity. So actually Americans are pretty good savers considering that the Federal Reserve has totally destroyed bank savings accounts and CD’s because the Fed keeps interest rates artificially low. Why would even a moron put money in a savings account or CD’s when the rate of inflation is higher than the interest rate? If you really want to know why Americans don’t do savings accounts and CD’s anymore just look at the FEDERAL RESERVE

Your government working hard to fuck you over!!!

[canceled.2021.1]

Why bother? The gobblement got you covered

[Granule]

Of course we're saving money. We're investing in America's government programs!