American's living Paycheck to Paycheck

[SuburbanFarmer]

Just like point of sale markup is not the same as profit, living paycheck to paycheck is not the same as poverty.

Can be damn near close to it though.

Or it can be young adults with almost zero cost of living who blow all of their money on shit they don't need, and then fall back on ramen until they get paid again.

So since it's such a worthless metric, let's stop pretending like it means something.

Are 80% of Americans "young adults"?

[Fife]

Gibs alert.

[The Conservative]

Can be damn near close to it though.

Or it can be young adults with almost zero cost of living who blow all of their money on shit they don't need, and then fall back on ramen until they get paid again.

So since it's such a worthless metric, let's stop pretending like it means something.

Are 80% of Americans "young adults"?

15–64 is 66% of Americans, or 'Working Able" Americans
65+ is about over 13%

You do the math... because most people aren't retiring at 65 anymore. Oh and "young adults" is a term that is defined by the person who views it. To me "Young Adult" is anyone under 30.

[DBTrek]

Gibs alert.

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[Okeefenokee]

Y'all are missing the part about it being useless, because it doesn't tell you shit about who you're talking about.

Could be a hard working father of five. Could be a spoiled millenial blowing his paycheck on weed and pizza hut. Don't try making any points with useless terms.

[Smitty-48]

Is this the part where the chicken littles screech about a mythical America of yore where everybody could have missed all sorts of paychecks without ending up in the gutter with the rubbies?

Cause y'know... /scene

[SilverEagle]

Just wait till you need to think about retiring.

Exactly! Okee is missing that part of it. Guess Okee didn't take a couple minutes to read the article because that was a big part of it!

[Smitty-48]

Here, I'll start you off...

"No, no, Smitty! Back in the <insert> 50's and 60's! <inserted> if you missed a paycheck, it was no problemo, because Eleanor fucking Roosevelt would just spot you the cash!"

[C-Mag]

Gotta be a healthy chunk of that to be blamed on shit money management skills.

Some of that for sure but stagnant wage growth with non stop inflation of the cost of living over the last 18 years is taking it's toll on the traditional middle class. Understand what is happening around you don't rely on Talk Radio talking points.

Yep, we're a debtor nation. If you don't understand the playing field you're an idiot
Food prices through the roof
Health Care through the roof
Education through the roof
Taxes Up
Wages steady

The only way to do it is bust your ass and out work the system, live on beans and rice if you need to and choose frugal entertainment and relaxation.

[Smitty-48]

Yep, we're a debtor nation. If you don't understand the playing field you're an idiot

If you don't understand that inflation is almost non existent in relative historical terms, then you're the idiot, mate.