HeavenlyPossum on Nostr: Some 37% of Americans lack the savings to afford a $400 emergency expense. This is an ...
Some 37% of Americans lack the savings to afford a $400 emergency expense. This is an increase from 32% in 2021. Real wages fell half a percent since last year, while expenses increased, and over a third of Americans reported being worse off financially than they were last year.
Meanwhile, capitalists exploited the pandemic to post their highest profit rates since 1950.
People cannot afford emergency expenses because someone took that money from them.
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https://www.epi.org/blog/corporate-profits-have-contributed-disproportionately-to-inflation-how-should-policymakers-respond/
Meanwhile, capitalists exploited the pandemic to post their highest profit rates since 1950.
People cannot afford emergency expenses because someone took that money from them.
6/
https://www.epi.org/blog/corporate-profits-have-contributed-disproportionately-to-inflation-how-should-policymakers-respond/