Unrelenting inflation is taking a toll, leaving more Americans living paycheck to paycheck

https://www.cnbc.com/2022/09/30/stu...-americans-to-live-paycheck-to-paycheck-.html

HYPERLINK has full article

snip

As of August, 60% of Americans were living paycheck to paycheck, according to a recent LendingClub report — a number that hasn’t budged much since inflation hit 40-year highs. A year ago, the number of adults who felt stretched too thin was closer to 55%..................

A separate report by Bank of America found that 71% of workers feel their pay isn’t keeping up with the cost of living, bringing the number of people who feel financially secure to a five-year low.

end snip


this is under full Democrat control that this is happening. No BS about Jan 6, or killing babies can deflect from the reality that folks are hurting.

 

Oh the horror. Keep screeching, maybe enough people will believe the end of times is near.

 

As a Democrat voter, do you have any compassion for those who have been injured thanks to full Democrat control?

 

Don’t worry, your boss is doing fine. Maybe if you ask nicely he’ll trickle some down on you.

https://www.bloomberg.com/news/arti...fits-soar-taking-margins-to-widest-since-1950

 

They’re being injured by greedy CEOs.
https://www.bloomberg.com/news/arti...fits-soar-taking-margins-to-widest-since-1950

 

What good are profit margins when a dollar is worth less thanks to democrats?

 

You mean people like Bezos, Zuckerberg, Pichsi, etc?

Democrats take control and instantly we have an invasion at the border, murder and other violent crime going through the roof, inflation, high gas prices, empty shelves, stock market crashing and Putin invading countries.

Biden said he would take responsibility and not blame others, did he lie again?

 

Exactly...
Especially, when this is The FIRST EVER Inflation Thread at PF...
I had no idea about the "Inflation" (Until I saw this OP)...
Although, I Must Admit:
This ONE-NOTE DRONING does look rather Familiar...
From 8 MONTHS AGO (Feb. 8th):
Hard times: 7 in 10 Americans say they’re living paycheck to paycheck now
http://www.politicalforum.com/index.php?threads/hard-times-7-in-10-americans-say-they’re-living-paycheck-to-paycheck-now.596846/
___________

Of course, even in the Best of Times more than Half of Americans live "Paycheck-to-Paycheck"...
In other words:
Even BEFORE this "Rampant Inflation" Hit...
...People were ALWAYS Living Paycheck-to-Paycheck...
Living paycheck to paycheck is (and always has been) the most common financial lifestyle in the United States

 

Experts claim this will be the number one issue at the polls in November. The people will speak with their votes. Here's hoping that comes to fruition. We know the Democrats have failed.

 

And yet you offer something eight months ago? Well OPINION anyway

 

I took a bigger hit under Trump.

 

New York CNN Business

GO Go DNC

 

What we here in the UK and Europe is how strong the dollar is. That makes it sound like you're living the high life.
Really interesting to hear how different reality is for you.

 

It's really not about you then, or me for that matter Although I've said all along, the folks with the least will determine the election

 

Thats what happens when folks listen when they should be paying attention.. Then again the DNC and powers that be prefer we listen blindly and believe what we are all told

 

Raises area lagging indicator, bused on the available pool of labor. Biden is flooding the labor market because he loves you long time.

 

Seems you are suffering from the same thing the rest of the world is. Automation.
I don't mean Robots, I mean auto tills, Computerised printers, Accounting, manufacture.
So now an ever smaller number of people earn the money because they don't need workers.
Its a serious issue and something the whole world will have to look at before society starts to fall apart.
I'm guessing its going to be harder for you guys as your whole culture is based on being independent, self sufficient, and not moaning your lot.
I admire that.

 

Would you care to explain?
In 2021 it was $12,550 for singles, $25,100 for joint filers and $18,800 for heads of household.
I get it if you had interest and taxes over that, but you still got the standard deduction for the first dollars.
Your “hit” was you probably made more money thanks to “Trumpsnomics”.
You sure as bleep won’t need to worry about that in ‘22.

 

Indeed, but then we all tend to be wrapped up in our own world. We just had a Prime minister crash the pound and push up interest rates by 4%. Thankfully almost not too late the did a U turn, but not before losing $70bn.

 

please feel free to tell the average folk that things are just swell. Also, please tell them how thankful they should be under full Democrat control

 

Off topic and i apologise.
But there's not a single thread on here about the devastation of hurricane Ian.

 

A rising dollar does not mean good. It’s a mixed bag.

The dollar is strong. If the Feds keep ****ing around with the interest rates it will get stronger. It’s about as strong as it has been since the 90’s.

Expect imports to pick up and repatriations to slow down as foreign currency will be worth less. Can’t covert to as many dollars.

exports will dwindle which hurts GDP because our goods will on be more expensive.

 

LOL!



https://www.prnewswire.com/news-rel...now-lives-paycheck-to-paycheck-301536811.html

Lower than March 2020, under no other than your hero Trump.

Next.

 

I definitely think we need to lower taxes on the super rich to combat this.

Even with everything that is going on it still beats the prior administration. Everyday is a reaffirmation of why he was evicted as even a senile old man can do a better job.

 

That doesn't really address the issue of inflation. (AKA the cruelest tax) There is no mention of the end being near. People are feeling the pinch and it will reach a tipping point.