Showing posts with label poor. Show all posts
Showing posts with label poor. Show all posts
Saturday, March 11, 2017
Tuesday, October 11, 2016
Poor America: 7 in 10 Americans have less than $1,000 in savings
http://planetfreewill.com/2016/10/10/poor-america-7-in-10-americans-have-less-than-1000-in-savings/
Nearly seven in 10 Americans (69%) had less than $1,000 in their savings account.
Breaking the survey data down a bit further, we find that 34% of Americans don’t have a dime in their savings account, while another 35% have less than $1,000.
Tuesday, April 7, 2015
America's Poor Spend 60% Of Their Income On Food & Housing Proving CPI Is Meaningless
http://www.zerohedge.com/news/2015-04-06/americas-poor-spend-60-their-income-food-housing-proving-cpi-meaningless
For many Americans, the rise in food and housing prices is a tough squeeze. That’s because—even in an era with low overall inflation—low-income Americans spend a disproportionate share of their money on food and housing.
New data from the Labor Department show the extent of the discrepancy. The bottom 10% of Americans, by income, devote 42% of their spending to housing and an additional 17% to food–nearly 60% of their total spending, according to the Consumer Expenditures Survey. By contrast, the wealthiest 10% of Americans dedicate only 31% of their spending to housing and 11% to food–closer to 40% of total spending…
Friday, March 20, 2015
Shocking Austerity: Greece’s Poor Lost 86% Of Income, But Rich Only 17-20%
Greece needs to exit the EU. They are starving their people. The transition won't be smooth, but it's better longer-term.
http://www.zerohedge.com/news/2015-03-20/shocking-austerity-greece%E2%80%99s-poor-lost-86-income-rich-only-17-20
http://www.zerohedge.com/news/2015-03-20/shocking-austerity-greece%E2%80%99s-poor-lost-86-income-rich-only-17-20
Sunday, September 14, 2014
Sunday, July 13, 2014
Saturday, November 10, 2012
Tuesday, September 18, 2012
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