Saving enables the production of capital goods, saving is obviously at the heart of the economic growth that raises people's living standards. Another important role of money is to serve as a medium of saving. Good for the economy because it increases productivity. No matter the savings rate, more savings will translate into more capital.
In my opinion we shouldn't discuss enough/not enough value of the decision 've made us govs.
We rather should think in terms of it economy and inner culture of capitalism.
Capital is worth more than some lives in US, I don't think thats debatable.
Debatable is whether other countries should do the same or not
One way or another, sooner or later, everything happens to be about money.
Your education, your job, your marriage, your kids, your parents, your health, your hobbies, your vacations etc etc.
Every choice you make has a financial logic behind it.
Capitalism figured this out before the rest of the world and even though some people try to resist capitalism, everybody still plays by its rules.