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Big Three Ignore Report Showing 64% of Americans Living Paycheck to Paycheck for 5 Days
NewsBusters ^ | 3/10/2022 | Joseph Vazquez

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 ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: abc; bloghatingnutjob; blogpimp; cbs; homoshateblogs; nbc; salaries
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1 posted on 03/10/2022 8:50:48 AM PST by JV3MRC
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To: JV3MRC

I wonder how many of those 64% vote for Democrats, whether they know it or not?


2 posted on 03/10/2022 8:52:12 AM PST by Repealthe17thAmendment
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To: JV3MRC

The Big Three are Commie media.


3 posted on 03/10/2022 8:52:22 AM PST by CMailBag
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To: JV3MRC

It’s gonna take them a little time to come up with a positive spin on this one.


4 posted on 03/10/2022 8:55:07 AM PST by robel
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To: JV3MRC

democrats, rinos and lamestream media cheer


5 posted on 03/10/2022 8:57:13 AM PST by no-to-illegals (The enemy has US surrounded. May God have mercy on them)
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To: JV3MRC

When you can’t buy food or gas, just know you’re sticking it to Putin!


6 posted on 03/10/2022 9:01:42 AM PST by Dogbert41 (Hungering and thirsting for Righteousness...)
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To: no-to-illegals

I never lived like that even when I was poor. The narrative on both sides seemed one sided. Unable to pay $400 for an emergency room visit? Tell me at what age something is wrong. How about a $5k emergency at age 50? My brother in law came to his sis(my wife) for the money. Paid back $100/mo for 4 years.


7 posted on 03/10/2022 9:02:06 AM PST by DIRTYSECRET (S)
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To: JV3MRC

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.

We make about 130K per year, and I still put 22k a year in my 457b, and a few thousand in the Roth.


8 posted on 03/10/2022 9:03:08 AM PST by brianr10
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To: DIRTYSECRET

Wait till the purchase of a Mustang EV is mandatory


9 posted on 03/10/2022 9:04:16 AM PST by no-to-illegals (The enemy has US surrounded. May God have mercy on them)
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To: JV3MRC

Should help solve the labor shortage?


10 posted on 03/10/2022 9:05:08 AM PST by brownsfan (It's going to take real, serious, hard times to wake the American public.)
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To: DIRTYSECRET

There’s power in saying I can’t afford something-victimology. That puts the burden/solution on the haves who just might have been taking care of business all along.


11 posted on 03/10/2022 9:05:09 AM PST by DIRTYSECRET (S)
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To: JV3MRC

How long until the hood rats start hijacking loads of gasoline and holding up gas stations?


12 posted on 03/10/2022 9:05:12 AM PST by blackdog ("Hey there congress, you's is some real 10-ply.")
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To: Repealthe17thAmendment

Well if you go with the 81 million they “say” voted it would be approximately 51,840,000 million of them.....


13 posted on 03/10/2022 9:05:12 AM PST by lakeman (Semper Fi)
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To: brianr10

Well, if you save too much, you may very well be living paycheck to paycheck!


14 posted on 03/10/2022 9:05:28 AM PST by proxy_user
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To: JV3MRC

The demographic that will suffer worst is the working poor. Seems like the Demoncrats WANT to drive them onto welfare.


15 posted on 03/10/2022 9:06:04 AM PST by Chad C. Mulligan (qd4)
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To: proxy_user

That’s a good point.


16 posted on 03/10/2022 9:07:07 AM PST by brianr10
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To: blackdog

I’ve been watching the street and thugs are cranking their engines


17 posted on 03/10/2022 9:07:36 AM PST by no-to-illegals (The enemy has US surrounded. May God have mercy on them)
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To: JV3MRC

You’ll Own Nothing and You’ll Be Happy


18 posted on 03/10/2022 9:07:56 AM PST by RckyRaCoCo (Please Pray For My Brother Ken.)
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To: JV3MRC

We really are in a fix. Putin, Biden and the media.


19 posted on 03/10/2022 9:08:02 AM PST by rrrod (6)
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To: proxy_user

That’s a good point. I don’t do much for fun.


20 posted on 03/10/2022 9:08:27 AM PST by brianr10
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