Does saving really work for poor people? This study [pdf] from the National Center for Policy Analysis, a conservative thinktank, said no:
Low-income households face "astronomical" penalties for saving, according to the report by the National Center for Policy Analysis. For example, each $1 saved by a single mother earning $15,000 a year would cost her $2.60 in higher taxes and lost government benefits.
"We're constantly told that we need to save early and often to prepare for retirement," said Laurence Kotlikoff, professor at Boston University and author of the study. "Yet government policies tell low-income families, 'If you save for the future, you won't get our help today.' "
Hope you learn to speak Mandarin - they're going to own us soon the way we're going.
Or is it just assumed in your post that conservatives and industry are just evil and spread false information for their own profit? Go take a long walk off a short pier, comrade...
So-called "saving" is a bad idea in most cases as it is better for people or businesses on any income level to plow a healthy percentage of profits back into investment, research and development. Any corporation or wealthy individual who has been around long enough and succeeded has done this as a matter of course.
The article and this discussion leaves aside the whole point about taxes and government intervention (read: profiteering) in financial transactions between entities.
Its funders -- P&G, ExxonMobil, Scaife, Lilly -- are its message. Its board and staff are not only a who's who of the GOP, but of other conservative think tanks and front groups as well -- Hudson, Hoover, Heartland, etc.
A couple of minutes of googling comes up with enough evidence to convince anyone who could be convinced with evidence.
http://www.sourcewatch.org/index.php?title=National_Center_for_Policy_Analysis