General Discussion

Last edited Tue Mar 5, 2024, 12:27 PM - Edit history (1)

The very definition of not living paycheck to paycheck.

I always find the psychology of economics interesting. Just the other month I was talking with family and the words came out of my mouth, "Well, I'm still living paycheck to paycheck." I said it, but it's completely not true, I have a few months bills in the bank.

There was a recent poll about living paycheck to paycheck, and the answer was 62% of households are. It got several threads here on DU. Seems high. Well, knowing that not all of those people are really living paycheck to paycheck, I did some Googling. And sure enough that same poll in 2019, before Covid, was 80%. So all those panic articles about 62% living hand to mouth when that is actually a significant improvement from 2019.

There's just so much negativity around the economy right now, it's costing Biden big time, when in fact a lot of people are doing better.