Wrong again, Sprung. The wages are now so low that it's impossible to work, pay for life's necessities, and have anything left to save.

https://www.cnbc.com/2019/03/15/the-no-1-reason-why-americans-struggle-to-sav...

https://pmc.ncbi.nlm.nih.gov/articles/PMC7236434/

https://www.bankrate.com/banking/savings/emergency-savings-report/

So, blaming anything "liberal" is a d@mned LIE. It's actually the predatory capitalists lobbying to keep wages low.

Can you read ?

Just the first ULR:

"... More than one in five (21 percent) don’t save any of their annual income. ..."

"... 20 percent save only 5 percent or less of what they make,  ..."

Don't need to look any further, cause it is just, 'Keep Up With The Jones".

   (Cause of, Gimmmmmmmie !!!!!)

 I think it is a combination of both.

 My opinion is that it is a combination of both.  This post is an opinion.

 Many humans over spend.  Many humans also live in a geographical location that prohibits standard savings.  This is an opinion.

 An example is a young couple that lives down the road from me that both drive used cars, and grow food where they can.  They live in a 210sq foot apartment that runs them $850 with trash paid for.  Utilities cost another $311 averaged annually.  That's just over $1000 a month for a tiny apartment.  

 Add healthcare at $750 month, then general expenses and they have about 100-200 left over each month.  If they do nothing but work and stay home they can save at most $2400 annually.  That's enough for 1 month of emergency funds.  It would take them 3 years of zero spending to save for 3 months of emergency funds - if they just work normal hours.

 I couldn't imagine taking 3 years to get 3 months savings in the bank on a dual-income standard paycheck.  


 The closest home is on the market for 247,000, and is 1100sq feet with a detached carport.  They need at least 17,000 down to purchase that home and it will cost about 1,957 per month as a mortgage.

 They would need to save for 7 years for a down payment on a 2 bedroom home that would use up most their income.  So moving out of the apartment into the 2 bedroom is technically keeping up with the Jones' as it would use too much of their annual income.  

 This of course leaves out better jobs and overtime if available.  All I am saying is 20 years ago one could typically save more money faster than they can today and home purchases took up less of one's annual income.