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TopicStimulus checks and boosted unemployment are bad for the lower and middle class
Solid Snake07
07/19/20 3:59:01 AM
#18:


pistachio12 posted...
1) What evidence do you have that a majority of Americans don't know "how" to save?

The vast majority of Americans are living paycheck to paycheck and thriving off of debt to live in houses and drive cars they can't afford. This isn't exacly a secret. 4 out if 5 Americans are living paycheck to paycheck, and that's not just people who aren't making very much money.

pistachio12 posted...
2) What evidence do you have that a majority of Americans are intentionally choosing not to save to instead go on vacation or eat out?

This is basically the same question.....once again not a secret or contested.

pistachio12 posted...
3) Is there any evidence at the moment to suggest that if a majority of Americans were better at saving money, there would be no need for any financial stimulus during these past 4+ months?

Is there any evidence that if Americans were responsible enough to save up an emergency fund to cover months of expenses would lessen the need of a stimulus to cover their expenses?.....you might want to think that line of thought out a little more.

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