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Inflation is cooling, yet many Americans say they're living paycheck to paycheck (www.cbsnews.com)
submitted 4 months ago by return2ozma@lemmy.world to c/aboringdystopia@lemmy.world
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cross-posted from: https://lemmy.world/post/17601144

Even as inflation continues to cool into the second half of 2024, many Americans say they're still struggling to make ends meet.

Roughly one-third of U.S. workers say they're living paycheck to paycheck and have nearly no money for savings after paying their monthly bills, according to a survey from personal finance website Bankrate.

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[-] PunnyName@lemmy.world 58 points 4 months ago

It's not inflation if companies post record profits.

[-] Linkerbaan@lemmy.world 32 points 4 months ago* (last edited 4 months ago)

The economy is doing great. Stock prices are up. Corporate profits are through the roof. Housing investments are more valuable than ever...

What do you mean you're "not a shareholder"?

[-] Aceticon@lemmy.world 16 points 4 months ago

It's a good time to be a member of the Owner Class!

For the rest, it's probably the worst time since the days of the Robber Barons...

[-] Reverendender@sh.itjust.works 6 points 4 months ago

Not with that attitude

/s

this post was submitted on 15 Jul 2024
140 points (97.3% liked)

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