This applies to both a savings account and credit. Thats how poor Americans are, yet republicans thinks food stamps, Meals on Wheels funding for seniors, or public-assisted health insurance are unimportant in America. At a 19% poverty rate, many other developed nations have a lower poverty rate than the US.
So, republicans, what is your plan for getting people out of poverty? We already know cutting taxes for the top 1% and deregulation do absolutely nothing to alleviate poverty. This is all despite the fact that corporate profits are at an all time high and wealthy people are wealthier than ever before.
1 in 3 Americans can't come up with $2,000—here's how much you should be saving
The problem is in your question: How do you Republicans plan for getting people out of poverty?
It's not the job of government or parties to get people out of poverty. If you are in poverty, it's up to you to get yourself out of it.
Government may have assisted throughout the years that led people into debt, and yes, that can be reversed with enough support from the public. The first step we took was getting a Republican into office. That's a big help right there.
Next is the reduction on ridiculous environmental regulations that we indirectly pay for with every product we buy. That goes hand and hand with the list of other intrusive regulations government inflicts on our job creators. No harm will come of it if we do reduce taxes on our job creators.
Then there are the social programs that have been abused the last decade or so. We have hundreds of thousands of jobs Americans won't even consider because social programs pay so well. Reduce payouts to the point it would be more advantageous to work instead, more people will eventually have more money in their pockets.