--- title: "Meaning & Key Takeaway of: Obviously, people with low or even…" description: "\"Obviously, people with low or even moderate incomes could not afford such savings rates, and even diligent savings from their low wages would not be en..." image: "https://sms4smile.com/quotes/i/283/william-greider-14089_diligent_obviously-people-with-low-or-even-modera_1904033.png" --- # Obviously, people with low or even moderate incomes could… ![“Obviously, people with low or even moderate incomes could not afford such savings rates, and even diligent savings from their low wages would not be enough to pay for either retirement or healthcare.” quote by William Greider](https://sms4smile.com/quotes/i/283/william-greider-14089_diligent_obviously-people-with-low-or-even-modera_1904033.png) [Download](https://sms4smile.com/quotes/i/283/william-greider-14089_diligent_obviously-people-with-low-or-even-modera_1904033.png) [Open image](https://sms4smile.com/quotes/i/283/william-greider-14089_diligent_obviously-people-with-low-or-even-modera_1904033.png) > “Obviously, people with low or even moderate incomes could not afford such savings rates, and even diligent savings from their low wages would not be enough to pay for either retirement or healthcare.” [William Greider](https://sms4smile.com/quotes/author/william-greider/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Low‑income individuals cannot afford savings rates sufficient for retirement or healthcare, highlighting systemic inequality. **In simple terms:** Savings insufficient for poor. Key Takeaway Advocate for equitable economic policies. Themes economics inequality retirement Mood concerned serious Type economic analytical When to use this quote - policy reform - personal finance Key Concepts social safety nets wealth distribution Questions to Reflect On - What reforms could improve savings for low earners? - How can individuals mitigate financial risk? A Different Perspective Policy change may be slow. ★ ★ ★ ★ ★ No ratings yet [Afford Savings](https://sms4smile.com/quotes/about/afford-savings-2826339/) [Diligent](https://sms4smile.com/quotes/about/diligent/) [Enough](https://sms4smile.com/quotes/about/enough/) [Healthcare](https://sms4smile.com/quotes/about/healthcare/) [Income](https://sms4smile.com/quotes/about/income/) [Incomes Afford](https://sms4smile.com/quotes/about/incomes-afford-2826338/) [Low Wages](https://sms4smile.com/quotes/about/low-wages-442486/) [Lows](https://sms4smile.com/quotes/about/lows/) [Moderate Incomes](https://sms4smile.com/quotes/about/moderate-incomes-2826337/) [Pay](https://sms4smile.com/quotes/about/pay/) [People](https://sms4smile.com/quotes/about/people/) [Rate](https://sms4smile.com/quotes/about/rate/) [Retirement](https://sms4smile.com/quotes/about/retirement/) [Saving](https://sms4smile.com/quotes/about/saving/) [Savings](https://sms4smile.com/quotes/about/savings/) [Savings Low](https://sms4smile.com/quotes/about/savings-low-2826336/) [Wages](https://sms4smile.com/quotes/about/wages/) ## Related quotes > [“Although Social Security’s benefits are modest, they are extremely important for the vast majority of beneficiaries, especially those with low and moderate incomes.”](https://sms4smile.com/quotes/david-cay-johnston/although-social-security-s-benefits-are-modest-they-are-extremely/) [David Cay Johnston](https://sms4smile.com/quotes/author/david-cay-johnston/) > [Most families in Florida who are already struggling to keep up with inflation can't afford to have their savings accounts wiped out by an…](https://sms4smile.com/quotes/anna-paulina-luna/most-families-in-florida-who-are-already-struggling-to-keep-up-with/) [Anna Paulina Luna](https://sms4smile.com/quotes/author/anna-paulina-luna/) > [The people at the bottom who are working but working at relatively low wages need some help.](https://sms4smile.com/quotes/j-b-pritzker/the-people-at-the-bottom-who-are-working-but-working-at-relatively/) [J. 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It's…](https://sms4smile.com/quotes/nina-turner/if-workers-are-overworked-or-companies-hire-temps-at-low-wages-this/) [Nina Turner](https://sms4smile.com/quotes/author/nina-turner/) > [With limited shifts, low wages, and scarce benefits, it feels almost impossible for many Americans to get their slice of the pie.](https://sms4smile.com/quotes/jason-kander/with-limited-shifts-low-wages-and-scarce-benefits-it-feels-almost/) [Jason Kander](https://sms4smile.com/quotes/author/jason-kander/) ## More by William Greider > [If you think about it, Washington's overwhelming power in the world is founded on death, the awesome arsenal for killing people.](https://sms4smile.com/quotes/william-greider/if-you-think-about-it-washington-s-overwhelming-power-in-the-world-is/) [William Greider](https://sms4smile.com/quotes/author/william-greider/) > [The threat to globalization is not the wasted American dollars but Washington's readiness to mix US commercial interests with its self-appointed role as global…](https://sms4smile.com/quotes/william-greider/the-threat-to-globalization-is-not-the-wasted-american-dollars-but/) [William Greider](https://sms4smile.com/quotes/author/william-greider/) > [If US per capita income continues to grow at a rate of 1.5 percent a year, the country will have plenty of money to…](https://sms4smile.com/quotes/william-greider/if-us-per-capita-income-continues-to-grow-at-a-rate-of-1-5-percent-a/) [William Greider](https://sms4smile.com/quotes/author/william-greider/) > [The burnt odor in Washington is from the disintegrating authority of the governing classes.](https://sms4smile.com/quotes/william-greider/the-burnt-odor-in-washington-is-from-the-disintegrating-authority-of/) [William Greider](https://sms4smile.com/quotes/author/william-greider/) > [If one benefits tangibly from the exploitation of others who are weak, is one morally implicated in their predicament? 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Consistency is the key.](https://sms4smile.com/quotes/frank-mir/be-patient-be-diligent-consistency-is-the-key/) [Frank Mir](https://sms4smile.com/quotes/author/frank-mir/) > [I am a firm believer that you work as hard as you can, you're diligent, and God's gonna do with it what He wants…](https://sms4smile.com/quotes/john-reuben-zappin/i-am-a-firm-believer-that-you-work-as-hard-as-you-can-you-re-diligent/) [John Reuben Zappin](https://sms4smile.com/quotes/author/john-reuben-zappin/) > [Some read for style, and some for argument: one has little care about the sentiment, he observes only how it is expressed; another regards…](https://sms4smile.com/quotes/samuel-johnson/some-read-for-style-and-some-for-argument-one-has-little-care-about/) [Samuel Johnson](https://sms4smile.com/quotes/author/samuel-johnson/) > [I have to be very diligent about making sure I'm taking care of my body and my mind, because if I'm not, the quality…](https://sms4smile.com/quotes/baiju-bhatt/i-have-to-be-very-diligent-about-making-sure-i-m-taking-care-of-my/) [Baiju Bhatt](https://sms4smile.com/quotes/author/baiju-bhatt/) > [I am very, very diligent and extremely hard-working.](https://sms4smile.com/quotes/lana-parrilla/i-am-very-very-diligent-and-extremely-hard-working/) [Lana Parrilla](https://sms4smile.com/quotes/author/lana-parrilla/) > [Being in Christ, it is safe to forget the past; it is possible to be sure of the future; it is possible to be…](https://sms4smile.com/quotes/alexander-maclaren/being-in-christ-it-is-safe-to-forget-the-past-it-is-possible-to-be/) [Alexander MacLaren](https://sms4smile.com/quotes/author/alexander-maclaren/) > [Lazy hands make a man poor, but diligent hands bring wealth.](https://sms4smile.com/quotes/solomon/lazy-hands-make-a-man-poor-but-diligent-hands-bring-wealth/) [Solomon](https://sms4smile.com/quotes/author/solomon/) > [The requirements of the theatre are very great--a strong constitution, energy and unflagging purpose, charm of feature, these alone do not necessarily mean anything,…](https://sms4smile.com/quotes/julia-marlowe/the-requirements-of-the-theatre-are-very-great-a-strong-constitution/) [Julia Marlowe](https://sms4smile.com/quotes/author/julia-marlowe/) > [But the idols of the Market Place are the most troublesome of all: idols which have crept into the understanding through their alliances with…](https://sms4smile.com/quotes/francis-bacon/but-the-idols-of-the-market-place-are-the-most-troublesome-of-all/) [Francis Bacon](https://sms4smile.com/quotes/author/francis-bacon/) > [He, then, that would really, thoroughly, and acceptably mortify any disquieting lust, let him take care to be equally diligent in all parts of…](https://sms4smile.com/quotes/john-owen/he-then-that-would-really-thoroughly-and-acceptably-mortify-any/) [John Owen](https://sms4smile.com/quotes/author/john-owen/) [Browse all 194 Diligent quotes ](https://sms4smile.com/quotes/about/diligent/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Obviously, people with low or even moderate incomes could not afford such savings rates, and even diligent savings from their low wages would not be enough to pay for either retirement or healthcare.", "creator": { "@type": "Person", "name": "William Greider" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/william-greider/obviously-people-with-low-or-even-moderate-incomes-could-not-afford/", "about": { "@type": "Thing", "name": "Diligent" }, "@id": "https://sms4smile.com/quotes/william-greider/obviously-people-with-low-or-even-moderate-incomes-could-not-afford/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/283/william-greider-14089_diligent_obviously-people-with-low-or-even-modera_1904033.png", "contentUrl": "https://sms4smile.com/quotes/i/283/william-greider-14089_diligent_obviously-people-with-low-or-even-modera_1904033.png", "url": "https://sms4smile.com/quotes/i/283/william-greider-14089_diligent_obviously-people-with-low-or-even-modera_1904033.png", "width": 1080, "height": 1080, "caption": "“Obviously, people with low or even moderate incomes could not afford such savings rates, and even diligent…” — William Greider", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "William Greider", "item": "https://sms4smile.com/quotes/author/william-greider/" }, { "@type": "ListItem", "position": 4, "name": "Obviously, people with low or even...", "item": "https://sms4smile.com/quotes/william-greider/obviously-people-with-low-or-even-moderate-incomes-could-not-afford/" } ], "@id": "https://sms4smile.com/quotes/william-greider/obviously-people-with-low-or-even-moderate-incomes-could-not-afford/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```