Thanks to a soaring stock market, the wealthy are feeling very good about things right now, but the rest of the country is really hurting. Homelessness is rising at the fastest pace ever recorded, the number of children that are suffering from hunger is rapidly growing, and more than 60 percent of all Americans are living paycheck to paycheck. The mainstream media continues to insist that the economy is in good shape, but how can that possibly be true if nearly two-thirds of the entire nation is just barely scraping by? According to brand new numbers that were just released, the percentage of U.S. adults that live paycheck to paycheck has actually increased by 4 percent just since the month of March…
- Sixty-two percent of adults in December said they live paycheck to paycheck, up from 58 percent in March.
- Forty percent of consumers living paycheck to paycheck have super-prime credit scores.
- Fifty-seven percent of consumers who own credit cards are living paycheck to paycheck.
Yikes!