look
I don't have the big diesel truck, I don't have the fancy smartphone with the big data plan, I don't have the 50" TV with subs to all the streams.
I do have the emergency fund.
People made their own choices what they were going to use their money for.
The ones who are "out of touch" are the ones that thought they could keep spending at or beyond their means and think that nothing bad would happen.
If that category of retards is 80%, so be it.
Certainly some people are in that situation because of spending beyond their means. Most people on the other hand hustle just to cover basic expenses. Living in America ain't cheap.
Some people recently out of work here are already contemplating suicide out of shame for not being able to feed their families. Were they over-spenders? Hell no. They lived broke, and they will die broke. Just like millions of Americans.
Dismissing 80% of the American population as being frivolous in their spending habits is lazy.
So they lived broke all their life, yet they decided they could afford to have kids (which is probably one of the more expensive decisions a person can make)... and you say they are not over-spenders?