A wide-eyed baby in a yellow and white striped onesie is sitting in an oversized Elmo chair that has large eyes and an orange nose, and the baby is mouthing on the arm of the chair.
The baby is wearing yellow.
To understand how individual accounts might affect national saving, it is necessary to examine the first-order effects accounting for how the government might fund the accounts and then to consider how people might adjust their saving in response to a new account program.