If you save anything in modern America, you are an utter fool. The U.S. government has been punishing savers for years.
A variety of government programs punish savers:
For example, near-zero percent interest rates (which disincentivize saving and incentivize borrowing), and the Social Security and Medicare programs (which incentivize early ‘retirement,’ and convince millions of Americans to work fewer hours and reduce savings and investment.
Now 7 in 10 Americans have less than $1,000 in savings. See here. 
