While I wondered if we should not be more focused on putting money aside for that inevitable rainyday, I could certainly understand a policy that would allow more dollars to stay in the pockets of Americans if the government did not actually need the cash.
Although it has had an impressive track record of growth, its ability to turn a profit is still a question mark and it is likely that the company will need rainyday funds in the future.
Instead of tying up precious cash in investment products that have risk and might not be there for thatrainyday or college tuition, advisors should be teaching the value of saving, and showing them all the options, including participating whole life insurance.
Sunshine On A RainyDay was originally the hit that made Zoe a one-hit-wonder in 1991 - and if I remember rightly, she was a similarly-endowed female solo singer too.
There are a thousand arguments for and against this already, but one does have to admit thatin times of economic recession lower revenues can be expected and the government needs to act accordingly by having a rainyday fund or fluxing the rate.