Poor Savings Habits Have Left Americans Vulnerable to Economic Crises

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That so many Americans need federal money just to survive is a tragedy totally at odds with the self-reliant ideals of the American Dream, regardless of which side of the political aisle you’re on. Partisans on both sides will argue whether the CARES Act, and any future packages, are necessary, or how effective they’ll be in curbing the economic fallout of the coronavirus. But one thing is certain: in an ideal United States, much of the bill wouldn’t have been necessary.

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