Of course, the "Trump War Room" cites no legitimate source for their claim. It is not a fact, it is just bullshiat they are shoveling on social media.
Well --- then provide the legitimate sources to support the claim in your post. Hint: They don't exist.
Reality: "Americans have a cumulative $11.334 trillion in savings, according to the Federal Reserve. That includes deposits with a state maturity, individual savings accounts, and retirement accounts. Total savings grew from 2022 to 2023." No, 80% of American's savings have NOT been wiped out. BTW: 80% of $11.334 Trillion would be $9.067 Trillion. The Average Savings Account Balance https://www.fool.com/the-ascent/research/average-savings-account-balance/ Aug. 26, 2024 Economic Well-Being of U.S. Households in 2023 https://www.federalreserve.gov/publ...-economic-well-being-us-households-202405.pdf