Re:Why is the stock market rallying when the economy is so bad?
by Jommi on Sunday May 10, 2020 @05:32PM
(#23136414)
This often mis-repeated paycheck to paycheck statistic needs to die.
Do you even read your sources fully?
> 51 percent of those making less than $50,000 usually or always live paycheck to paycheck to make ends meet
This is from the lowest income bracket in the 2017 survey.
It tells us 0 about how many are in the "usually" category.
It tells us 0 on does this account for investments or not.
[1] https://www.cnbc.com/2019/01/09/shutdown-highlights-that-4-i...