62% of Americans are still living paycheck to paycheck, making it ‘the main financial lifestyle,’ report finds

jersan@lemmy.whynotdrs.org to News@lemmy.world – 496 points –
62% of Americans are still living paycheck to paycheck, making it ‘the main financial lifestyle,’ report finds
cnbc.com

Breaking news: in one of the most productive countries / economies in the entire history of humanity, the majority of people creating that productivity do not get to enjoy the rewards of that productivity.

same as it ever was.

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Hey, but everyone, the 1% are doin' great and Biden needs his re-election, so the economy is super stronk!

How ignorant can a comment even be? I mean just the idea that the current economy and state of wealth inequality is Joe Biden's fault is astounding. The previous administration gave biggest handout to the 1% of any government in the history of mankind.

But that's just the history of America for the last 40 years I guess. Republicans administrations gutting things, giving massive handouts to the rich, destroying social safety nets, allowing corruption and fraud to go rampant, etc... then when a democratic administration tries to clean it up just a little bit, to stabilize things, all the mouth breathers suddenly forget everything happened beforehand.

Don't get me wrong I hate the prior guy. But isn't it always funny how the Democratic party in their times of super majority don't tend to fix the shit entirely that the last guy rammed through. Take the tax cuts and removing alot of deductions for the working class. Wouldn't it make sense to undo those tax cuts and tax increases?

Both sides aren't the same but this ain't a left vs right issue, it's a class war.

Good thing that Biden isn't fixing that but is instead spending all his time trying to throw more bombs on babies.

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