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Yahoo Finance columnist claims America is ‘doing better than you think’ under Biden
American Thinker ^
| 13 Sep, 2022
| Jack Hellner
Posted on 09/13/2022 4:59:51 AM PDT by MtnClimber
Rick Newman of Yahoo Finance is always a treat as he campaigns for Democrats and their policies.
Even with inflation at 40-year highs because of Democrats’ profligate spending (with the help of the Federal Reserve printing money and keeping rates artificially low), and because of Biden’s intentional destruction of the fossil fuel industry, Newman still says that Americans are better off than we think.
America is doing better than you think
But Beverly Herzog of US News points out:
Around 64% of Americans are living paycheck to paycheck, according to a May 2022 LendingClub survey.
You might think that this is an issue only for those who have low incomes. But it can happen to anyone at any income level. In fact, an earlier version of the study also revealed that 48% of those making in excess of $100,000 a year lived paycheck to paycheck.
35% of families having full time jobs can’t afford basic needs. The situation is worse for Black and Hispanic families, where more than 50% of working families can’t afford their basic needs. But, according to Rick Newman, Americans are better off than they think.
(Excerpt) Read more at americanthinker.com ...
TOPICS: Business/Economy; Society
KEYWORDS: communism; ricknewman; yahoo
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To: MtnClimber
Rick, could I have some of the Wacky Tobacy you are smoking? I want to see the economy you are seeing! 🤓
To: MtnClimber
She must not have a 401K plan
22
posted on
09/13/2022 7:10:16 AM PDT
by
wild74
To: MtnClimber
Sure, if you hang upside down like a bat.
Which is what many Leftists seem to be doing.
23
posted on
09/13/2022 8:22:09 AM PDT
by
BitWielder1
(I'd rather have Unequal Wealth than Equal Poverty.)
To: MtnClimber
And that warm smelly liquid splashing on your head is really rain.
24
posted on
09/13/2022 8:32:55 AM PDT
by
Organic Panic
(Democrats. Memories as short as Joe Biden's eyes.)
To: MtnClimber
Looks like we’ve found another person stupider than VP Harris..
25
posted on
09/13/2022 8:34:36 AM PDT
by
GOPJ
(Edward Biden's 'WAR ON THE AMERICAN PEOPLE' speech is history's Jimmah Carter's BIG RABBIT blunder..)
To: MtnClimber
26
posted on
09/13/2022 8:51:34 AM PDT
by
mykroar
(Democrats support both types of allowed thought: Marxist and Leninist.)
To: mykroar
Who you gonna believe? “The party told you to reject the evidence of your eyes and ears. It was their final, most essential command.” ~ George Orwell, 1984
27
posted on
09/13/2022 8:54:48 AM PDT
by
MtnClimber
(For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
To: MtnClimber
28
posted on
09/13/2022 9:30:22 AM PDT
by
rrrod
(6)
To: MtnClimber
America has the richest poor people on the planet.
29
posted on
09/13/2022 9:36:27 AM PDT
by
MissEdie
(Be the Light in Someone's Darkness.)
To: MtnClimber
30
posted on
09/13/2022 5:01:59 PM PDT
by
BiteYourSelf
( Earth first we'll strip mine the other planets later.)
To: MtnClimber
I wonder.... can this guy answer “What is 3 x 3 x 3?”
31
posted on
09/13/2022 5:04:23 PM PDT
by
Harmless Teddy Bear
(The nation of france was named after a hedgehog... The hedgehog's name was Kevin... Don't ask)
To: Harmless Teddy Bear
He would say “math is racist”.
32
posted on
09/13/2022 5:05:29 PM PDT
by
MtnClimber
(For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
To: MtnClimber
Probably.
I think I will go cry now.
33
posted on
09/13/2022 5:08:03 PM PDT
by
Harmless Teddy Bear
(The nation of france was named after a hedgehog... The hedgehog's name was Kevin... Don't ask)
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