61% of Americans are living paycheck to paycheck — inflation is still squeezing budgets

[DigitalDrifter]

This is not a good time to be an American. I always laugh when you hear some politicians claim America's best days are yet to come.
Runaway inflation, Democrats allowing our borders to be overrun, mortgage rates highest in 20 years. It just plain sucks!

• The number of Americans who say they are stretched thin has remained stubbornly high, according to several reports.
• Federal Reserve Chair Jerome Powell recently called for continued vigilance in the fight against inflation, warning there may even be more interest rate increases to come.

As of July, 61% of adults still said they are living paycheck to paycheck, according to a new LendingClub report, slightly more than last year's 59%.

Yet, recent releases show that, at least compared with the soaring inflation of a year ago, consumers who have been squeezed by higher prices should be experiencing some relief. June and July both saw easing in the pace of price increases, with core inflation up 0.2% for each month, according to the U.S. Bureau of Labor Statistics.

MSN

www.msn.com

 

[Votto]

The problem here is, inflation is racist.

So, having the entire nation suffering from inflation only improves that the country is really suffering from systemic racism.

 

[Mr Natural]

Nothing new. There’s always been a segment of the population that just doesn’t know how to handle money. Regardless of how much they make.

 

[Independentthinker]

This is not a good time to be an American. I always laugh when you hear some politicians claim America's best days are yet to come.
Runaway inflation, Democrats allowing our borders to be overrun, mortgage rates highest in 20 years. It just plain sucks!

• The number of Americans who say they are stretched thin has remained stubbornly high, according to several reports.
• Federal Reserve Chair Jerome Powell recently called for continued vigilance in the fight against inflation, warning there may even be more interest rate increases to come.

MSN

www.msn.com

You must be mistaken. Biden & Co are out there telling us how great things are.

 

[DigitalDrifter]

Nothing new. There’s always been a segment of the population that just doesn’t know how to handle money. Regardless of how much they make.

That's a big "segment".

 

[DigitalDrifter]

View attachment 827968

The problem here is, inflation is racist.

So, having the entire nation suffering from inflation only improves that the country is really suffering from systemic racism.

61% is just "propaganda".

 

[Catsnmeters]

This is not a good time to be an American. I always laugh when you hear some politicians claim America's best days are yet to come.
Runaway inflation, Democrats allowing our borders to be overrun, mortgage rates highest in 20 years. It just plain sucks!

• The number of Americans who say they are stretched thin has remained stubbornly high, according to several reports.
• Federal Reserve Chair Jerome Powell recently called for continued vigilance in the fight against inflation, warning there may even be more interest rate increases to come.

MSN

www.msn.com

Wow. Good job Biden. He did great work at bringing inflation down...even compared to other western countries, and those living paycheck to paycheck only rose by 1 percent since 2020. Unbelievable.

"In fact, since March 2020, an average of 60% of consumers have reported living this way. For those Americans, this means that they need their next paycheck to cover their monthly financial outflows."

69% of Americans in Urban Areas are Living Paycheck to Paycheck; 14 Percentage Points Higher than Suburban Consumers

/PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today released findings...

www.prnewswire.com

 

[initforme]

Employers have never stepped up.

 

[BluesLegend]

Biden just gave $6 billion to Iran...why not give that money to Americans in need?

 

[BluesLegend]

Employers have never stepped up.

Maybe if government vultures were not vampire sucking businesses dry they would have the money to pay employees more.

 

[initforme]

Maybe if government vultures were not vampire sucking businesses dry they would have the money to pay employees more.

Well over half are very bad employers who hate and want to exploit even their best employees

 

[BluesLegend]

Well over half are very bad employers who hate and want to exploit even their best employees

Ah...

 

[initforme]

Ah...

Denying facts are we?

 

[Nostra]

Wow. Good job Biden. He did great work at bringing inflation down...even compared to other western countries, and those living paycheck to paycheck only rose by 1 percent since 2020. Unbelievable.

"In fact, since March 2020, an average of 60% of consumers have reported living this way. For those Americans, this means that they need their next paycheck to cover their monthly financial outflows."

69% of Americans in Urban Areas are Living Paycheck to Paycheck; 14 Percentage Points Higher than Suburban Consumers

/PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today released findings...

www.prnewswire.com

Up since the country was in the middle of a pandemic shutdown.

HOLY SHIT BIDENOMICS SUCK SWEATY DONKEY BALLS!

 

[Nostra]

Well over half are very bad employers who hate and want to exploit even their best employees

Link?

 

[Dragonlady]

This is not a good time to be an American. I always laugh when you hear some politicians claim America's best days are yet to come.
Runaway inflation, Democrats allowing our borders to be overrun, mortgage rates highest in 20 years. It just plain sucks!

• The number of Americans who say they are stretched thin has remained stubbornly high, according to several reports.
• Federal Reserve Chair Jerome Powell recently called for continued vigilance in the fight against inflation, warning there may even be more interest rate increases to come.

MSN

www.msn.com

This is a HUGE improvement over 2018 when 80% were living paycheck to paycheck under Donald Trump. Here's a survey taken in 2018.

Almost 80% of US workers live from paycheck to paycheck. Here's why | Robert Reich

America doesn’t have a jobs crisis. It has a ‘good jobs’ crisis – where too much employment is insecure, and poorly paid

www.theguardian.com

Thank you Joe Biden. Keep up the good work.

 

[Nostra]

This is a HUGE improvement over 2018 when 80% were living paycheck to paycheck under Donald Trump. Here's a survey taken in 2018.

Almost 80% of US workers live from paycheck to paycheck. Here's why | Robert Reich

America doesn’t have a jobs crisis. It has a ‘good jobs’ crisis – where too much employment is insecure, and poorly paid

www.theguardian.com

Thank you Joe Biden. Keep up the good work.

An opinion piece from Clintonista Robert Reich????

 

[Winco]

Nothing new. There’s always been a segment of the population that just doesn’t know how to handle money. Regardless of how much they make.

Up since the country was in the middle of a pandemic shutdown.

When are you going to stop using the pandemic as an excuse?

1). World Wide Inflation since 2020, Bidens fault.
2). Demand for Oil Products was down during the pandemic, must have been a trump policy.
great job trump.
3). Energy Independence.....OPEC + 3 year deal, signed by trump to reduce WW oil production. Yup, the US didn't Import as much OIL during the pandemic because DEMAND was low. trump is again a stable genius. Biden's fault for having to serve after this POS deal signed by trump.

 

[Nostra]

When are you going to stop using the pandemic as an excuse?

1). World Wide Inflation since 2020, Bidens fault.
2). Demand for Oil Products was down during the pandemic, must have been a trump policy.
great job trump.
3). Energy Independence.....OPEC + 3 year deal, signed by trump to reduce WW oil production. Yup, the US didn't Import as much OIL during the pandemic because DEMAND was low. trump is again a stable genius. Biden's fault for having to serve after this POS deal signed by trump.

Feel free to tell us why people were living paycheck to paycheck during a pandemic shutdown…..annd even more are doing the same under the AMAZING Bidenomics, Simp.

 

[Winco]

Feel free to tell us why people were living paycheck to paycheck during a pandemic shutdown

EASY Simp.

People living paycheck to paycheck NOW are the same people that lived that way ( living paycheck to paycheck) under the POS trump administration

You post like......Nobody lived paycheck to paycheck under trump.

You are a LYING POS.