"Well, the U.S. is running a current account deficit; we are creating lots of investment opportunities in the United States that exceed our own domestic savings rates, so the issue here is to encourage higher savings rates in the United States"

This quote by John W. Snow is referring to the current financial scenario in the United States. The U.S. is running a bank account deficit, indicating that the quantity of cash that is being spent is higher than the quantity of cash that is being conserved. This deficit is creating investment chances in the U.S. that exceed the domestic cost savings rate. For that reason, the issue is to motivate higher cost savings rates in the U.S. in order to decrease the deficit and develop a more steady economic environment. This could be done by offering rewards for individuals to save more, such as tax breaks or other financial incentives. It might also be done by increasing public awareness of the importance of conserving and investing for the future. Eventually, the objective is to create a more balanced economy in the U.S. that is not reliant on foreign investment.