The Real Reason Americans Think Everything Is Getting Worse
The headline is troubling: “More Americans say they are living paycheck-to-paycheck,” CNBC reported on Tuesday. The report featured one of the most commonly cited statistics by economic pessimists: that 60% of Americans live paycheck to paycheck. But this statistic is hugely misleading. For one, the survey was taken by LendingClub (an institution that offers personal financial ...
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