Quote:
Originally posted by bilmore
We sort of live paycheck to paycheck and don't save enough.
Kind of a subjective test, I think.
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So what?
The context of the discussion here is/was whether Americans feel lots of job insecurity and "live paycheck to paycheck" and whether that could influence their voting patterns and thereby create pressure for more protectionism and/or new labor laws that will "protect jobs" at the expense of a flexible labor market and maximum economic efficiency.
In that context -- perception is all that matters.
So, Gattigap's surveys may not show that "living paycheck to paycheck" is a true fact for a "vast majority" -- but show that a sizable majority (almost 2/3) of those with family incomes below $50k feel that way and a "vast majority" (79%) of the "working poor' (those under $20k) feel that way. What more do you want?
S_A_M
