Even if higher private saving blunts the effect, some crowding out is eventually all too likely.

即使更多的个人储蓄会弱化这一效应，某些挤出效应还是会最终产生。

youdao

We faced a slump for a simple reason: the financial crisis we inherited triggered a collapse in US private spending and a sharp rise in private saving.

我们陷入经济衰退，原因很简单：我们接手的金融危机，触发了美国私人消费的暴跌和私人储蓄的猛增。

youdao

To achieve this, the United States is committed to returning the federal budget deficit to a sustainable path and pursuing measures to encourage private saving.

为实现这一目标，美国致力于将联邦预算赤字恢复到可维持的水平，并采取措施鼓励私人储蓄。

youdao

Mr.Obama also plans to seek money-saving ideas from private industry, and to hold a forum later this year on reforming government.

VOA: standard.2009.04.25

The recent fall in private saving has been only partly offset by the government's budget surplus.

ECONOMIST: Living on borrowed time

The OECD economists point out that private saving tends to fall when public saving increases.

ECONOMIST: How to slay America's monster trade gap?

As money was diverted from the payroll tax, government saving would fall while private saving rose.

ECONOMIST: Social Security reform: The battle of the boffins | The