When 43% Of American’s Can’t Pay For Food/Rent You Must Ask, Have We Hit The Economic Crisis?
By Lisa Haven
When around 50 million households or 43% of Americans can’t afford a basic monthly budget for housing, food, transportation, health care and daily living, then one must ask themselves, “Have we hit the economic crisis that has been looming for years?”
In the video below I delve into newly released information from the United Way that proves things are a bit worse then we thought.
All that and more below…
“Most obviously, the extent of hardship – with 40 percent of households earning below the ALICE Threshold – means that millions of families are being forced to make difficult choices and risky trade-offs on a day-to-day basis.” United Way ALICE: Thee consequences of Insufficient Household Income. (pg. 83)
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