While I appreciate your comment, why don't we think outside the box a bit? Isn't it good when people save a lot of money? As long as the savings are fairly well

While I appreciate your comment, why don't we think outside the box a bit? Isn't it good when people save a lot of money? As long as the savings are fairly well distributed, this means people become more economically independent. In other words, they have more freedom. I believe this is something that governments should support[0] rather than just taxing the savings away. Granted, however, that an unequal distribution of those savings can become problematic. Perhaps a compromise can be reached with a wealth tax that is indexed to median wealth? [0] Which does mean that demand gap needs to be plugged somehow; the most straightforward way to do so is via a government deficit.