RAE
Thinks s/he gets paid by the post
Sometimes I wonder how our US economy can be declared to be "healthy" by so many economists, and even "firing on all cylinders" when I read articles like this.
"4 in 10 adults say they couldn't produce $400 in an emergency without sliding into debt"
‘I see no way out’: Living paycheck to paycheck is disturbingly common
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It's disturbing to me that so many people live like this. I know that some (maybe most?) have made poor choices that have contributed to their situation, but it seems that there are many others who work hard but barely earn enough $$ to survive, much less save anything. I think the high cost of rent in many locations across the country is killing a lot of people........they pay such a high % of their income in rent that there is not a whole lot left over for anything else. I don't see how an economy like this is sustainable over the long-term.
"4 in 10 adults say they couldn't produce $400 in an emergency without sliding into debt"
‘I see no way out’: Living paycheck to paycheck is disturbingly common
_______________________________________________________________
It's disturbing to me that so many people live like this. I know that some (maybe most?) have made poor choices that have contributed to their situation, but it seems that there are many others who work hard but barely earn enough $$ to survive, much less save anything. I think the high cost of rent in many locations across the country is killing a lot of people........they pay such a high % of their income in rent that there is not a whole lot left over for anything else. I don't see how an economy like this is sustainable over the long-term.