You're kind of illustrating my point, though - the very language we are using to describe the problem hides the fact that there are a lot of people with a lot o

You're kind of illustrating my point, though - the very language we are using to describe the problem hides the fact that there are a lot of people with a lot of demand for goods and services who can't access them because they don't have savings, and, in fact, have a lot of debt. The framing of the problem as a "savings glut" reflects this fundamentally wealth and investment oriented way of thinking about economics.