Posted on 03/10/2022 8:50:47 AM PST by JV3MRC
The ABC, CBS and NBC evening news shows buried a report showing that most Americans currently live paycheck to paycheck as the cost of living continues to skyrocket.
Fintech marketplace bank LendingClub released a report March 3, which stated that “[t]he number of consumers living paycheck to paycheck has increased steadily since April 2021 and was 64% in January 2022 – 12 percentage points higher than April 2021.” It got worse: “The data show[] that 48% of consumers earning more than $100,000 per year reported living paycheck to paycheck in January 2022 — up from 42% in December 2021.”
Of course, such news could be politically disastrous for President Joe Biden’s administration, so ABC World News Tonight, CBS Evening News and NBC Nightly News ignored the story altogether during their March 3, March 4, March 7, March 8 and March 9 broadcasts.
(Excerpt) Read more at newsbusters.org ...
Many of them “couch surf” and stay with/sponge off friends.
“Unable to pay $400 for an emergency room visit? “
Rare to escape an ER for less than $2,000 even if all you do is talk. $5,000 for any workups, $10,000 for treatment.
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