Captante
Lifer
- Oct 20, 2003
- 30,353
- 10,877
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I'm not going to entirely disagree with you....
But I still think the root of the problem is that if someone goes from a $2,000/mo healthcare plan to a $1,500/mo healthcare plan - no one would actually take that difference and save it for a rainy day.
It's basically an American requirement that they spend it, regardless of emergencies, and regardless of economic or job status. Learning to save is required for anyone to pull their head out of their ass - and plenty just don't have that cognitive ability (as sad as that is).
Unfortunately a lot of folks just don't have the monetary -OR- the cognitive ability.
Of course those two factors COULD be related!
