Political Junky
Gold Member
- May 27, 2009
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A sad state of affairs. All the money goes to the rich.
Why it matters: 23% of Americans have no emergency savings
Nearly 20% of Americans surveyed they have zero savings in case of emergency, a recent survey by bankrate.com reports.
Why it matters: With the jobs outnumbering the jobless, a lowering unemployment rate and wages trickling upward, Americans theoretically should have more money to put away for a rainy day fund. If an economic downturn were to occur, the data shows only a small fraction of Americans would be able to comfortably maintain their lifestyle.
Why it matters: 23% of Americans have no emergency savings
Nearly 20% of Americans surveyed they have zero savings in case of emergency, a recent survey by bankrate.com reports.
Why it matters: With the jobs outnumbering the jobless, a lowering unemployment rate and wages trickling upward, Americans theoretically should have more money to put away for a rainy day fund. If an economic downturn were to occur, the data shows only a small fraction of Americans would be able to comfortably maintain their lifestyle.