Economics Matters by Laurence Kotlikoff

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America's Terrible, Endemic Saving Problem
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America's Terrible, Endemic Saving Problem

Larry Kotlikoff
Jul 7, 2022
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America's Terrible, Endemic Saving Problem
larrykotlikoff.substack.com

Originally posted on Forbes Almost every day I read a column about the economy that drives me nuts. The most recent was the Wall Street Journal’s Vast Household Wealth Could Be a Factor Behind U.S. Labor Shortage. The premise of the article is that Americans saved like crazy during COVID, indeed, so much money that they are opting not to work.

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