shocking amounts of debt

READING: I Don’t Feel Like Buying Stuff Anymore “The US didn’t become a nation of consumers because everyone has ample amounts of discretionary cash. Before the pandemic, income inequality had reached its highest levels since the Depression. Most Americans’ wages, when adjusted for inflation and purchasing power, have barely risen in four decades. In 2018, with the economy at its most robust in years, 61% of Americans said they could not cover a surprise expense of $400....

May 27, 2020 · steve ulrich