A Boring Dystopia

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Inflation is cooling, yet many Americans say they're living paycheck to paycheck (www.cbsnews.com)

submitted 1 month ago by [email protected] to c/[email protected]

23 comments fedilink hide all child comments

cross-posted from: https://lemmy.world/post/17601144

Even as inflation continues to cool into the second half of 2024, many Americans say they're still struggling to make ends meet.

Roughly one-third of U.S. workers say they're living paycheck to paycheck and have nearly no money for savings after paying their monthly bills, according to a survey from personal finance website Bankrate.

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[–] [email protected] 58 points 1 month ago (2 children)

It's not inflation if companies post record profits.

[–] [email protected] 31 points 1 month ago* (last edited 1 month ago) (1 children)

The economy is doing great. Stock prices are up. Corporate profits are through the roof. Housing investments are more valuable than ever...

What do you mean you're "not a shareholder"?

[–] [email protected] 15 points 1 month ago

It's a good time to be a member of the Owner Class!

For the rest, it's probably the worst time since the days of the Robber Barons...

[–] Reverendender 6 points 1 month ago

Not with that attitude