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The former, by reducing the public net spending which would thwart the goal of "boosting" saving, and the latter, by widespread shedding of workers and the resulting collapse in consumption (and rising deficits via the automatic stabilizers as welfare payments and crime rose).
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And the typical family in this income group has only around $2,000 in non-retirement savings.Both Republican and Democratic politicians are keen to boost saving among poorer Americans.
And to finance this investment companies have steadily boosted saving over time.
Mr Obama would boost saving by enrolling all workers in a retirement plan.
Mr Osborne is believed to be considering some measures to boost saving in his Budget in March.
So faster growth boosts saving relative to investment and creates a current-account surplus (or a smaller deficit).
This should boost saving and investment as banks begin to offer fully fledged mobile-based banking services.
That will help households and corporations, which dramatically boosted saving and slashed spending after the crisis, to recover their appetite for borrowing.
RM This explains measures to boost saving in last year's budget which have still not come into force, and introduces new incentives for saving.
But chancellor George Osborne's proposals to boost saving lifted investment group Hargreaves Lansdown 32p to £12.06 and St James's Place 48p to 978p.
For example, fixing entitlement programmes for the elderly could extend Americans' working lives and expand the labour force; shifting the burden of taxes to consumption could boost saving and investment.
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