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The solution is to get everyone educated and make everyone competitive and provide a minimum standard of living.
FORBES: More From Billionaire Who Visited Occupy Wall Street
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Whereas most would think that universal guarantees to a minimum standard of living reduce incentives to work and innovate, Obama believes they give the down-and-out the incentive to build business and employ people.
FORBES: We must force renewable energy
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If people act in a short-sighted way and there is evidence that they often do a minimum requirement for saving would leave them, in retirement, with a lower standard of living than they desire.
ECONOMIST: Compelling reasons to save
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While the goal of the initiative is to move PC gaming from the desk to the living room, that doesn't necessarily involve a single hardware standard or minimum spec, Valve hardware engineer Jeff Keyzer told Engadget in an interview this morning at CES 2013.
ENGADGET