How is counting 401k and IRA contributions "liberalizing" the definition of savings? If capital gains taxes are subtracted from savings how is adding the capital gain "liberalizing" the definition of savings?
It's bad enough that idiots like yourself call your car savings without convincing everyone to do so.
No one called a car savings. It's idiots like you who claimed a car isn't an asset.
For purposes of applying for a loan it is useful to call a car an asset. For purposes of planning one's retirement it should not even be pondered. Quit falsifying my point.
Further IRA and 401k contributions can go up or down. It is foolish to count them as savings because they are not 'money in the bank'. The day before Enron revealed its behavior all it's employees were certain they had great 'savings' for retirement. That saving the next day was worthless. Promoting that rationale and basing government policy on volatile 'savings' is stupid.