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63% Of Americans Living Paycheck To Paycheck In Joe Biden's Bad Economy

December 20. 2022

Joe Biden

A new report revealed 63%of Americans are living paycheck to paycheck under President Joe Biden. The president has been an absolute failure with the economy. Lending Club's Anuj Nayar's accurately stated, "Consumers are not able to keep up with the pace that inflation is increasing. Being employed is no longer enough for the everyday American. Wage growth has been inadequate, leaving more consumers than ever with little to nothing left over after managing monthly expenses."

Things have gotten so bad, and Biden has become so desperate, he is on Twitter touting a small decline in gas prices, neglecting to mention the fact they went up in the first place because of his terrible financial and political policies. Meanwhile food, rent, mortgages, credit cards and car payments are still sky high. The nation needs to find a new president. America can't take anymore of this.

STORY SOURCE

63% of Americans are living paycheck to paycheck — including nearly half of six-figure earners

Published Mon, Oct 24 202210:29 AM EDT - With persistent inflation eroding wage gains, the number of Americans living paycheck to paycheck is near a historic high, according to a recent report. Almost half of those earning more than $100,000 say they are just getting by.

As rising prices continue to outpace wage gains, families are finding less cushion in their monthly budget. As of September, 63% of Americans were living paycheck to paycheck, according to a recent LendingClub report — near the 64% historic high hit in March. A year ago, the number of adults who felt strained was closer to 57%...

https://www.cnbc.com

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