c/news · by return2ozma@lemmy.world · 2y

More Americans say they are living paycheck to paycheck this year than in 2023

https://www.cnbc.com/2024/04/09/most-of-americans-are-living-paycheck-to-paycheck-heres-why.html

103 points · 8 comments · view on lemmy.world

8 Comments

FlyingSquid@lemmy.world · 30 pts · 2y (7 replies)

And Trump is leading in the polls.

He'll sure make things better.

Fucking America... he'll crash the economy even harder than last time when he declares himself dictator "for a day" and then that day keeps on adding days. This election shouldn't even be close.

sin_free_for_00_days@sopuli.xyz · 24 pts · 2y (4 replies)

It just blows my mind daily that the insurrectionist moron has a legit chance to be elected. And he doesn't even qualify under the 14th. I shouldn't be surprised. I mean everything from "immigrants are rapists and murderers" and "grab them by their pussy" till whatever bullshit lies he spouted today. Really, really makes me question democracy. Not that I know of an alternative, but this shit isn't working.

lemmy_user_838586@lemmy.ml · 9 pts · 2y (1 reply)

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DABDA@lemm.ee · 7 pts · 2y

"In the 30s, the pessimists went to New York and the optimists went to Auschwitz."

xePBMg9@lemmynsfw.com · 3 pts · 2y

Have a look at any democratic system that is not the american two-party system.

dust_accelerator@discuss.tchncs.de · 2 pts · 2y

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tal@lemmy.today · 2 pts · 2y (1 reply)

And Trump is leading in the polls.

I was actually looking at some polls recently, and that was the area in which he scored the most-strongly versus Biden, on the economy.

In general, Americans tend to ascribe a lot of credit or blame to a president for whatever happens with the economy, regardless of whether the president has much to do with it or whether another president would likely do something different. That's a long-running phenomenon, predates the present era.

I also posted another, older poll -- IIRC this one covering Americans, Germans, and Brazillians -- that showed that the public profoundly dislikes inflation. In particular, when asked in that poll, the public would rather have a recession than see high inflation, though normally consensus among economists as to which is more of a concern is the opposite.

Gradually_Adjusting@lemmy.world · 2 pts · 2y

Economic theorists haven't exactly been a friend to the working class

FaceDeer@fedia.io · 10 pts · 2y (1 reply)

In terms of what matters most in finally achieving financial stability, 42% say it would take spending less money than they make

It baffles me what the remaining 58% think.

ShepherdPie@midwest.social · 8 pts · 2y

In terms of what matters most in finally achieving financial stability, 42% say it would take spending less money than they make, 33% prioritize having a well-paid and steady job and 11% say having their own business.

Well it says right there after. Spending less than you make to achieve financial stability isn't an option once your income level is low enough.