This nation has always struggled with how it was going to deal with poor people and people of color. Every few years you will see some great change in the way that they approach this. We've had the war on poverty that never really got into waging a real war on poverty.

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A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output.