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.
6/
https://www.epi.org/blog/corporate-profits-have-contributed-disproportionately-to-inflation-how-should-policymakers-respond/
HeavenlyPossum /
npub1hk…ls2a5
2023-09-01 13:38:13
in reply to nevent1q…2u5j
Author Public Key
npub1hkcr3hrpsu5skqcnavew9s8gtegat76zyd4fd3zlrrc29h66f2sqtls2a5Published at
2023-09-01 13:38:13Event JSON
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