[familyop]

We need more of a saving culture and less borrowing.

[Clemenza]

Well, the Chinese, Japanese, SE Asians, wealthy Latin Americans, etc. provide us with our savings, as long as they keep depositing money and buying our debt...

[RayChuang88]

We need more of a saving culture and less borrowing.

Do one simple thing: make savings and interest-bearing checking accounts up to US$100,000 tax free in terms of interest earned. The savings rate would rocket through the roof if that happens.

[ovrtaxt]

“We need more of a saving culture and less borrowing.”

http://www.fairtax.org