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Obviously, people with low or even moderate incomes could not afford such savings rates, and even diligent savings from their low wages would not be enough to pay for either retirement or healthcare.


William Greider


#could #diligent #either #enough #even



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About William Greider





Did you know about William Greider?

A former reporter and editor at the Washington Post Greider is credited with coining the term "Nader's Raiders" in a Post article dated November 13 1968. the broad public.

His most recent (2009) book is Come Home America: The Rise and Fall (And Redeeming Promise) Of Our Country. Greider also wrote a book on globalization -- One World Ready or Not: The Manic Logic of Global Capitalism (1997) -- which suggested vulnerabilities and inequities of the global economy.

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