Today's lefty news broadcast (I listen to mainstream financial ones, too; it makes for a striking contrast) has tough stats in relation to the ending US childcare credit program, & general state of US savings, which is worse than pre-pandemic for 40%:
"New study out of the Fed found that only the top 20% of the country has extra savings left from those pandemic programs. [From Bloomberg] ... the total amount of excess savings will likely vanish in this current quarter."
As you might've noticed, Means Morning is still pulling here from mainstream reports: the Fed study, Bloomberg's write-up. It's simply offering a more express reminder that this is not a game of hypotheticals, a balancing act between abstract economic levers.
It's real life, for real people.
US friends: you're cash-strapped in large part because of systemic pressures.
And those pressures are driving many to bad politics.
Be gentle with yourselves.
This isn't your fault.
You are *enough*. π
π€
I first read "carrot" instead of caveat. Which still works! π And might also be a sign it's time for a nibble...
@MLClark I've heard you are what you eat, but that may be taking it a bit far :P