"Today, let’s look at an example that affects almost everybody rather than just a handful of rich people. Many people in Washington sanctimoniously say that American households and businesses are too focused on the short term and that we don’t save enough.
But as I explain in this CBNC interview, tax and spending policies from Washington have undermined the incentive to save."
When growing up, I was always told that no matter how much I earned, that I needed to save a part of every dollar that I earned. Because of government policies, it doesn't pay to save money. However, I'd rather earn zero on my savings than risk my savings in the corrupt Stock Market! Though, when I do save enough to buy real estate, I do so rather than risk my savings in a rigged market and I have never lost money with real estate!