According to Bloomberg, approximately 18% of U.S. adults reported that the largest emergency cost they could cover using only their savings was under $100. Additionally, 14% stated they could manage an expense ranging from $100 to $499. These findings highlight the financial vulnerability faced by a significant portion of the population when it comes to unexpected emergencies.
18% of US adults said the largest emergency cost they could handle right now using only savings was under $100, and 14% said they could afford an expense of $100 to $499, per Bloomberg.
— unusual_whales (@unusual_whales) June 13, 2024
BIDENOMICS: Biden’s policies have caused +3% inflation for 38 straight months – the longest period since the 80s. This is why most Americans feel poorer…pic.twitter.com/d7wH4PKhbo
— @amuse (@amuse) June 13, 2024
Your taxes will likely have to go up, despite Biden's $400K pledge, per MW.
There is $3 trillion in available taxable income consistent with Biden's $400K pledge, but that potentially only half of that could ever be effectively collected by the federal government.
— unusual_whales (@unusual_whales) June 13, 2024