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   XPost: sac.politics, alt.society.liberalism   
   From: remailer@domain.invalid   
      
   faggot  wrote in   
      
   > Biden stole from every 401k in the United States.   
      
   About 61% of Americans are living paycheck to paycheck, an issue   
   that impacts both low-wage and high-income families alike, according   
   to new research from LendingClub.   
      
   Low-wage earners are most likely to live paycheck to paycheck, with   
   almost 8 in 10 consumers earning less than $50,000 a year unable to   
   cover their future bills until their next paycheck arrives. Yet even   
   4 in 10 high-income Americans, or those earning more than $100,000,   
   say they're in the same position, the research found.   
      
   Such a situation is viewed as financially risky because it means   
   those households don't have enough savings to tide them over in case   
   of an emergency, indicating that they are unable to cover their   
   upcoming bills until their next payday. The rate of Americans who   
   are living paycheck to paycheck is on the rise, up 2 percentage   
   points from a year earlier, the analysis found.   
      
      
   Beyond the basic necessities   
      
   Still, the majority of paycheck-to-paycheck consumers aren't   
   splurging or spending on things beyond the basic necessities. And   
   those essentials alone can quickly eat up a worker's paycheck.   
      
   How far does the typical paycheck go?   
   U.S. workers earn median pay of $4,766 per month before taxes,   
   according data from the Bureau of Labor Statistics. That's about   
   $57,000 in annual income, or what the LendingClub analysis considers   
   a middle-income earner.   
      
   But monthly expenses can quickly gobble that up. For instance,   
   median rent for a one-bedroom apartment is $1,510 per month, while   
   U.S. households spend about $690 a month on food, including   
   groceries and eating out, BLS data shows.   
      
   On top of that, the average monthly expenditure on travel, including   
   car payments, gasoline and public transportation, is about $900.   
   Health care is another $450 per month, BLS data shows.   
      
   Those basics alone add up to $3,550 per month — which already   
   represents the bulk of a middle-income worker's pre-tax income.   
      
   The year-over-year increase in Americans who are living paycheck to   
   paycheck "indicates that consumers are still feeling the weight of   
   rising costs of living and remain tasked with managing and adjusting   
   their cash flows to put aside savings," LendingClub said in the   
   report.   
      
   https://www.cbsnews.com/news/paycheck-to-paycheck-6-in-10-   
   americans-lendingclub/?intcid=CNI-00-10aaa3b   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)