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A comment on Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC. Parent comment

Re:Joint Statement by the Department of the Treasury, Federa... by jandrewrogers on Monday March 13, 2023 @10:42AM (#35136323)
Many (most?) Americans have no savings account. Not because they are poor but because a savings account is largely an obsolete anachronism. The common tactic of conflating "savings" with "having a savings account" is intentionally misleading.

Per the US government, the median US household has $1000/month they could invest after all ordinary expenses.

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Re:Joint Statement by the Department of the Treasury, Federa... by mtrower on Tuesday March 14, 2023 @06:14PM (#35159771)
What?? This does not seem to match what I’ve heard from the government before.

What do they claim the median household income at?

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