Suffice to say, the first two years under President Biden have not been the best economic times for the vast majority of Americans. From persistent inflation to government-induced shortages of essential goods like baby formula, life under the Biden administration has been quite a struggle for hard-working Americans.
The economic gloom due to Biden’s reckless spending and never-ending regulations has manifested throughout the economic spectrum. In fact, according to a new survey by Lending Club, a whopping 64 percent of Americans (166 million people) are living paycheck to paycheck.
What’s more, 51 percent of Americans earning more than $100,000 per year reported living paycheck to paycheck in 2022.
Perhaps most alarming is the fact that this disturbing trend is getting worse as the Biden administration refuses to reverse course on its destructive economic agenda. Per the report, in 2022, “9.3 million more consumers are now living paycheck to paycheck, and eight million, or 86%, of those consumers earn more than $100,000 annually.”
According to Lending Club Financial Health Officer Anuj Nayar, most consumers blame inflation as the source of their financial tough times. “The effects of inflation are eating into every American’s wallet … While the number of Americans living paycheck to paycheck is close to the height we saw in the middle of the pandemic, the causes appear to be very different, as the economy is not sheltering in place like it was back in 2020.”
In other words, Biden’s wild spending spree, which now stands at $4.8 trillion in “new” spending in less than two years, is the primary reason Americans are struggling to make ends meet.
I think more than 64%. He’s making it impossible to get by. Bet he doesn’t have to struggle and worry about rising prices. Of course not! He uses OUR money and China’s money.
Democrat LEFT wants to destroy YOU & America !!!!!
Raising Taxes / Raising ALL prices – Gas – Food – you name it / closing Pipelines /
over regulating Gas – fuel – coal – fracking / Over spending in the TRILLIONS $$$$
Gave Billions to Africa & Bali to make them more GREEN !!!!!! While we STARVE !!!!!!
They are an ENEMY movement !!! Ban them now
If you are making over 100k and living paycheck to paycheck you are living way above your means.
People that cry these Blues have homes and cars and kids they cannot afford live in Debt and have convinced themselves it’s the American Dream yet call themselves Conservatives. In belief only.
All Our Bankruptcys are on BIDEN !!!!! Give everyone CH 7
Alot are going to be BANKRUPT !!!! ALL on BIDEN
Biden > had Ch 7 changed so that now You will have to Pay Taxes on the amount you wrote off !!!!
Beating you when you are already Down !!! Bet the Businesses are not treated that way ???
So you will Never get out of Debt !!! You will have to call Optima to get out from the IRS !!!!!