BS Summary: This article contains 10 faulty reasoning types, including Appeal to Authority, False Dilemma, and Bandwagon, with Optimism Bias as the most egregious example at 17.9% saturation with 34 hits. Analysis detected 250 faulty-reasoning hits from 190 analyzed words, generating a BS Score of 62.1% and a BS Rank of 69% (6,871 of 21,887 articles). This article is worse (more manipulative) than 68.60% of the article peer group.
The Case for Creating a Lifelong Savings Platform at Birth as a Foundation for a “Save-and-Invest” Economy
December 7, 2009
Reid Cramer
David Newville
A growing chorus, including President Obama, now believes that a prosperous future for our country will depend on the creation of a save-and-invest economy that will enable all Americans to accumulate savings and assets.
While in the short-term, public investment should be expanded in order to stabilize the economy, any long-term plan for sustainable economic growth will have to involve increased household savings over an extended time horizon.
One promising approach to that goal is children’s savings accounts (CSAs), which would be established at birth for every American.
This paper makes the case for establishing a universal system of children’s savings accounts (CSAs) in the United States.
It provides a brief overview of the essential components of a CSA and how they would work, and the rationale and evidence for a CSAs plan.
To read the policy paper, click here, or on the Related Files link to the right.
Attachments:
Children’s Savings Accounts: The Case for Creating a Lifelong Savings Platform at Birth
Speakers
Loading…
Loading…
Loading…
Analysis
Hover over highlighted words in the article to view the associated bias or fallacy analysis.