Re:Living paycheck to paycheck is disturbingly common
by Aeolun on Monday December 31, 2018 @07:40PM
(#18798136)
Vanishingly rare... 12.3%?
https://en.m.wikipedia.org/wiki/Poverty_in_the_United_States
If 12% of your people are living in poverty as defined by your government then there may be something systematically wrong.
What's a "livable wage"? The whole point of assessing whether people are "living beyond their means" is precisely to figure out if they're keeping their expenses within that 'livable wage' threshold. I think you'll find that most people with money-related issues ("poverty" in this context should be reserved for actual, true deprivation, which is vanishingly rare in the US! Social exclusion/marginalization is real, but it's a very different problem, with different ways of addressing it) are in fact not doing enough to keep their expenses in check.