There's no excuse for that. That's a dream income for some of us.
It is not all that great to make more. You will just give it to umbama so he can buy more votes. I wish I made less. It makes me sick how much I have to give the gov.
“More than one-quarter of households earning $55,465-$90,000 annually have less than three months of savings. “
Figures like this have no meaning without context. In rural Alabama, this might make you pretty wealthy; in New York City, you would certainly be on welfare.
“... that’s a dream income for some of us..”
Unfortunately, if you look statistically across the nation.. that is a really nice income. However, I think it depends on the location that you live/work. I hate to say this but if a family in our county/state made 55 grand a year, they would be living in the absolute worst sections of the county. (we are talking about no WIC, housing assistance etc.. just plain income). Apartment rents in not so nice areas go for $1500 a month. Townhomes start at the $300,000 range (and they are in the not so nice area).