Although these supplementary measures may explain why individual households may choose to save less, the NIPA personal saving rate shows that people are consuming virtually all of their current income and saving little for the future.
No one needs to save for the future.
mnli hypothesis: No one needs to save for the future. premise: Although these supplementary measures may explain why individual households may choose to save less, the NIPA personal saving rate shows that people are consuming virtually all of their current income and saving little for the future.