This is the beginning of an editorial on proposals to increase the national saving rate: AMERICANS DON'T save enough. For the past few years, Americans have been saving less than 1 percent of their disposable incomes, down from 11 percent in 1984. The problem may be ameliorated by wealth that's accumulated in the form of appreciated housing values and a growing stock market.
--Dean Baker
The American Prospect is nonprofit, reader-funded journalism—and we need your help.
Our reporters dig deep, hold power to account, and explain how policy shapes people’s lives. If you value independent journalism that goes beyond the headlines, now’s the time to support it.
Here’s how you can help:
• Donate to power fearless reporting
• Subscribe to get our print magazine 6x/year.
Every dollar funds our in-depth reporting.
Donate Now. Subscribe here.
