CNBC: 64% of Americans now live paycheck to paycheck, near the all-time high
· Feb 7, 2023 · NottheBee.com

Oh, would you look at that?

With Bidenflation, uncontrolled spending, and a myriad of other horrible economic policies, Americans now are living paycheck to paycheck at one of the highest rates in history.

From CNBC:

Months of high inflation have weighed heavily on households.

As of December, 64% of Americans were living paycheck to paycheck, according to a recent LendingClub report — up from 61% a year earlier and in line with the historic high first hit in March 2020.

Yes, the greatest economic recovery in history has the number of people who can hardly make ends meet finally back to the level it was when the entire world economy initially shut down for Covid.

It's almost like Joe Biden is just as bad for Americans as LITERALLY SHUTTING DOWN THE ECONOMY.

For the first time, more than half of all six-figure earners also said they were stretched too thin, a jump from 42% a year ago.

"The effects of inflation are eating into every American's wallet and as the Fed's efforts to curb inflation drive up the cost of debt, we are seeing near record numbers of Americans living paycheck to paycheck," said Anuj Nayar, LendingClub's financial health officer.

Yet we are still going to hike interest rates, spend wildly, print more money, not drill our own oil, and restrict the economy at every turn.

Ready to join the conversation? Subscribe today.

Access comments and our fully-featured social platform.

Sign up Now
App screenshot