I Heard Two Interesting Positions on NPR Today; Do People Not Have Savings Anymore?

The guest (female economist, can't remember her name) used to work for the Obama administration, so I already expected to hear some left-of-center viewpoints, but she was arguing that tax cuts preferred by Trump are not the way to go because they fail to benefit those who have lost their jobs or didn't pay taxes to begin with.

Her second point was that people need the (in my opinion negligble) $1,000 proposed cash sum immediately because they are really hurting right now (after a mere 2 weeks into this "crisis").

I was always taught to make sure you have enough savings to live for 3-6 months without steady income. This is exactly what my wife and I made a point to save. I guess this means we had to forgo some of the luxuries other people our age indulge in, but it was more important to feel secure, and I can guarantee we don't miss having a new $1,200 iPhone every year, or a 75-inch TV, or whatever the average consumer is spending their 'disposable' income on.

My question is: does the average American really not have any money saved? If so, I think that speaks volumes about the state this nation is really in.

God forbid we have an actual crisis. These people would be living in the woods and eating sticks.