Obviously, people with low or even moderate incomes could not afford such savings rates, and even diligent savings from their low wages would not be enough to pay for either retirement or healthcare.
William GreiderIf there is a mystical chord in democracy, it probably revolves around the notion that unexpected music can resonate from politics when people are pursuing questions larger than self... I have seen that ennobling effect in people many, many times- expressed by those who found themselves engaged in genuine acts of democratic expression, who claimed their right to define the larger destiny of their community, their nations.
William Greider