Problem
American savings rates are among the lowest of any industrial country. This has caused concern about our ability to finance new plants and equipment for U.S. industry. Some politicians and others have advocated lower taxes on saving as a remedy. Do you expect such a program to be very effective? Why?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.