How much of this is a cultural problem with Americans though?
Immigrant families save a higher percentage than Americans even when they make less money. Americans notoriously overconsume and are not big on saving.
Immigrant families save a higher percentage than Americans even when they make less money. Americans notoriously overconsume and are not big on saving.
I just think if people want results they should focus on the factors they can control. Changing government policy and industry policy is a slow process and can take decades for results and often has unintended consequences.
Reducing consumption helps immediately.