Why the Supply of Wealthy Prospects for Trusts and Investment Services is so Limited

From the What's Offline column in today's New York Times:

If you want a simple explanation for why the personal savings rate is so low, consider this from Money magazine: Some 41 percent of Americans surveyed said “it feels like I’m putting money into savings” when they buy something on sale. While getting a bargain is great, it is awfully hard to put children through college or finance your retirement with the deal you get on a new plasma TV.