Posted on 06/12/2011 5:02:17 PM PDT by Kevin in California
Half of American families — including a growing portion of the country’s middle-class — would not be able to cope with an unexpected expense that required them to come up with $2,000 within 30 days according to a study that illustrates both the fragile nature of family finances and the depth of the nation’s financial crisis.
Wonder how they like this changey stuff.
Obamacare
Obamacare
I was talking to a Brit one night on the internet and he bragged that the UK was 110 miles long.
I never heard from him again when I told him the sign at the Sabine River/Texas -Louisiana (I-10) border says, El Paso, 861 miles. (And, you're still in Texas when you get to El Paso, lol)
I believe it.
So far, cash is still required to pay your drug dealer.
Shhhhhhhh! Let’s keep it a secret.
The other half can’t find $2500!
A large percentage of US citizens is receiving government checks. But those checks are given on condition that the recipient is "sufficiently poor." This means those guys can't have bank accounts or credit cards. If they have money, or if they work, it's cash only.
This means that many respondents could be simply afraid to confess to a stranger (who can easily be a government agent) that they have money. The pollsters can't know for sure if the answers they are getting are truthful; this poll is seriously flawed.
But even among americans who have jobs, imagine that you get a phone call out of the blue and the guy on the other end asks if you have $2K. One needs to be a very reckless person to say "yes" to that. It could be a thief calling and asking his potential victims if they are rich enough. The only correct answer to that question is "No, I don't have that kind of money." It's not nice to bend the truth, but this kind of truth can kill you and your family.
If half of America is without cash, they is gonna be stealin’ it when they run out.
It won’t be long before they come for your stuff
Now that's flat broke!
It is sad, but not uncommon. If it weren’t for the little money my parents had (saved) and left to us (from the sale of their mortgage free house), we wouldn’t have $2000 available either.
Exactly.
There is a significant population of 'poor' people in my area, and I notice that most of them smoke and have multiple tattoos. Going through a pack a day is like burning 5 bucks every day....and tattoos are NOT cheap. I get a little cynical when someone talks about how broke they are, but could afford some beer and smokes while they were out.
Oh please. Not everyone is trying to keep up with the “Jones’s” or anyone else. Things cost money and raising a family in many areas, mine is NJ, costs money. Some of us don’t get the freebies from the government nor would we take them if offered.
We live in this area because we grew up here and most of our family is here, our jobs are here.
that’s shocking.
I agree about California.... That why my husband and I left! Tired of all the riff raff and taxes....
OMG Thanks so much for the so easy way out.
And that would be “advice” not “advise” in the context you employed.
SMH.
For those of us who had to come up with $2,000 for a home fix recently, we didn’t vote for that “hope and change” crap but we are suffereing from those who did. And, we’re suffering/paying for those who allowed all this spending for “social programs” our government deemed necessary for last 70 years or so.
This reminds me of the stuff a few years ago when the liberal MSM was saying that one out of seven children had been kidnapped.
Milk cartons with pictures of missing kids everywhere ... Remember those?
It turned out the people benefiting financially from the "kidnapped statistic" were counting children who were returned an hour late from 'visitation' with Dad as being 'kidnapped.
This stat has that feel... bogus.
You don’t have parents, brothers, sisters, aunts, uncles, a credit card, a friend, a car to get a loan against, a house, etc etc....
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