Latest Breaking News
In reply to the discussion: A record 7 million Americans are 3 months behind on their car payments, a red flag for the economy [View all]Texin
(2,870 posts)I knew an established single female paralegal making over $60k annually, who was making monthly car payments, along with her mortgage payment and the monthly homeowners fees. Because of her gender and the fact that she had client contact, she was also compelled to dress smartly. She would get into a budget squeeze virtually every month between paychecks. She didn't have children to raise and she still had trouble making ends meet by the end of each month. She wasn't extravagant by any means. She is typical of a lot of American workers. Single folks or those who have the responsibility for children - some of them requiring daycare - are typical. I know that she'd be in very real trouble had she had an accident or another emergency that would have required reserve funds, and I'm now sure her circumstances didn't change much in the last 10 to 15 years (this was during W's residency, but I'm certain it didn't change much during President Obama's administration either). As Warren says, "the deck is stacked against the average man and woman in this country." It's become institutionalized by the KGOP. tRump didn't create this nightmare, but he's making it even more hellish with each passing day and he has the stupidity to boast about and his addled zombie slaves believe the shit he tells them.