About the morality of saving

Summary:  Suddenly everybody has got financial religion.  End the deficits!  Pay down the debt!  Increase saving!  What does this mean for our future?  My guess:  not much.  Except to delay necessary action.  This post has some exaggeration for emphasis. Bad news for the faithful:  saving is not like chastity or fidelity.  Every young girl can be chaste.  …

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