The Washington Post decided to present some "big ideas" to counteract the recession. The article includes brief comments on each of the four ideas presented. One of the comments asserts that "some economists think we need to encourage more saving, not less, and that people hoarding stimulus cash isn't necessarily a bad thing." It is unlikely that any economists think that we should be encouraging saving during a recession. More saving during a recession will reduce demand, leading to a steeper downturn and more unemployment. No economist is identified as holding the position attributed to "some economists."
--Dean Baker