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On one hand - a CNBC survey found that 62% of Americans are living paycheck to paycheck, up from 58% in March. On the other hand - this... (hexbear.net)

submitted 2 years ago by [email protected] to c/[email protected]

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62% of Americans live paycheck to paycheck amid inflation

archive.today • Opinion | The Progressive Case for Bidenomics - The New York Times

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[–] [email protected] 5 points 2 years ago

I think that was still residual effects from the Great Recession, people whose salary took a major hit, were able to save less on the same lifestyle, probably took on more CC debt. In other words, the wages part of the equation was down more than prices.