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"It's not a massive reconstruction of the retirement savings system.
In 1910, Congress created a postal savings system.
A new postal savings system should be part of America's post-meltdown financial architecture.
The Obama administration has proposed an opt-out retirement savings system, for example.
A new postal savings system should be part of the plan.
What is the socially optimal level of liquidity in a retirement savings system?
Similar(9)
Fatally, he opposed Mr Koizumi's popular plans to privatise the postal-savings system.
He readmitted to the LDP 11 politicians whom Mr Koizumi had expelled for voting against his main reform, the privatisation of the postal-savings system.
Savings were channelled to industry at low interest rates, mainly through the banks and the public postal-savings system, where interest margins were guaranteed.
A gift-savings system for physicians will be introduced with children toys for the doctor's waiting room.
Nor is it intended to suggest that privatisation of the postal savings system the reform issue around which September's election was fought will somehow magically turn Japan from a sloth economy to a growth one, for it won't.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com