Madam Speaker, this is a virtuous cycle we are talking about. The virtuous cycle says that if we help people afford housing, help them get good, stable jobs, and help them get a pension from their employer, they are able to save money at the same time. They are able to save money, because they are not paying exorbitant amounts of money on housing. They are able to save money, because they know that they will have a pot of money at the end when they retire.
A secure retirement is essential to most people, and we do not have that anymore. We are seeing people unable to retire, because they do not have pensions anymore.
On the ability to save, there is still more than $5,000 for a tax-free savings account, and most middle-income people can barely afford that, but at least there is a place for them to put aside money, which encourages them. However, when we move to $10,000 in a tax-free savings account, many of the people we are talking about, when they become seniors, would not have the ability to live a good life. They could never afford to save that kind of money.
We are being realistic.