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Majority of Americans now living paycheck to paycheck under Biden, Democrats, as inflation destroys household budgets
Starvation News ^ | 10/10/22 | JD Hayes

Posted on 10/12/2022 5:44:30 PM PDT by Roman_War_Criminal

he vast majority of Americans, by far, are worse off today under Democratic rule than they were when Republicans controlled Congress and Donald Trump was president.

Less than two years after Trump’s reelection was stolen from him, most Americans are now living paycheck to paycheck as #Bidenflationary policies from the regime and massive congressional Democrat spending have combined to drive up prices for everything from energy to housing and food.

“As of August, 60% of Americans were living paycheck to paycheck, according to a recent LendingClub report — a number that hasn’t budged much since inflation hit 40-year highs. A year ago, the number of adults who felt stretched too thin was closer to 55%,” CNBC reported this week.

“Even high-income earners are feeling the strain, the report found. Of those earning more than six figures, 45% reported living paycheck to paycheck, a jump from the previous year’s 38%,” the outlet noted further.

(Excerpt) Read more at starvation.news ...


TOPICS: Business/Economy; Conspiracy; Government; Society
KEYWORDS: biden; bidenflation; bidenrecession; bidenvoters; depression; economy; greatreset; inflation; letthemeatcake; recession

1 posted on 10/12/2022 5:44:30 PM PDT by Roman_War_Criminal
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To: Roman_War_Criminal

That’s not a bug, that’s a feature.


2 posted on 10/12/2022 5:45:35 PM PDT by OKSooner (Nucular combat, toe to toe with the Rooskies! )
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To: Roman_War_Criminal

Getting what they voted for.


3 posted on 10/12/2022 5:46:06 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: dfwgator

wait til winter and they have to pay for heating.....


4 posted on 10/12/2022 5:49:08 PM PDT by Hojczyk
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To: Roman_War_Criminal

Build Back Better!!


5 posted on 10/12/2022 5:53:01 PM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: Roman_War_Criminal

Not many residents of those obscenely wealthy Virginia and Maryland suburbs of DC.


6 posted on 10/12/2022 5:57:58 PM PDT by Gay State Conservative (I Miss Jimmy Carter)
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To: Roman_War_Criminal

As was pointed out in another thread, the cost of heating fuel (propane/natural gas/electricity) has increased significantly, and we haven’t even gotten into the winter heating season yet. When the winter utility bills start coming that could very well push a lot of people over the financial edge. You know, the same people who are currently maxing out their credit cards to buy daily necessities such as groceries and gas.


7 posted on 10/12/2022 6:07:15 PM PDT by Obadiah (Calamity Joe Biden)
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To: Roman_War_Criminal

Gavin Newsom came up with a solution to this problem: mail out more stimulus checks!


8 posted on 10/12/2022 6:08:32 PM PDT by packagingguy
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To: Roman_War_Criminal

9 posted on 10/12/2022 6:15:34 PM PDT by LibWhacker
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To: Obadiah

That’s my concern. I’m in good shape now, however, if it is a really cold winter it will impact discretionary spending.


10 posted on 10/12/2022 6:24:41 PM PDT by matt04 ( )
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To: Roman_War_Criminal

60% of Americans….
And yet the morons keep voting Democrat. The same nitwits who had Biden/ Ho signs up last election have proudly put up Democrat candidates’ signs again


11 posted on 10/12/2022 6:28:47 PM PDT by from occupied ga (Your government is your most dangerous enemy - EVs a solution for which there is no problem)
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To: Roman_War_Criminal

Less than two years after Trump’s reelection was stolen from him,
Damn straight! The steal is real.


12 posted on 10/12/2022 6:30:33 PM PDT by Recompennation (Don’t blame me my vote didn’t count so mee s)
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To: Roman_War_Criminal
Which means they had been living right on the edge for a while - instead of cutting back and away from the edge years ago.

When wife got pregnant 20 years ago we knew we had to make do with one paycheck, and we did.

As the economy got better and I got promoted and raises, we still lived frugally - didn't have to, but chose to. It's a mind-set - live simply and less stressfully.

13 posted on 10/12/2022 6:33:42 PM PDT by Psalm 73 ("You'll never hear surf music again" - J. Hendrix)
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To: Roman_War_Criminal

8% inflation will suck the life out of families. Everything is more expensive each day. No escape.

There is an opportunity to use this as a teaching moment.


14 posted on 10/12/2022 6:39:34 PM PDT by plain talk
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To: Gay State Conservative

Just because they pull in a 6-figure salary working for the FedGov doesn’t mean they’re any better at managing their money than the average crackhead.


15 posted on 10/12/2022 6:52:35 PM PDT by brianl703
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To: Roman_War_Criminal

We should not fool ourselves into thinking this is just a Democrat problem. Both parties teamed up to dump an obscene amount of money into the system after Covid. This is a system wide problem that we should never repeat.


16 posted on 10/12/2022 7:05:59 PM PDT by Poison Pill
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To: Roman_War_Criminal

Stolen elections have Communism.


17 posted on 10/13/2022 5:25:52 AM PDT by bray (The Vax is fake and deadly)
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To: Roman_War_Criminal

Democratic rule is going to make sure socialism takes this time rigged elections control the justice system no oil less food less money.............................................

Xi much happy with investment


18 posted on 10/13/2022 8:19:02 AM PDT by Vaduz ( )
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