Wednesday, September 23, 2009

The "Paycheck to Paycheck" Dynamic

Lately there have been a couple of polls conducted showing the percent of people living "paycheck to paycheck." Here is a story from September 16 regarding this issue:

This "paycheck to paycheck" dynamic is noteworthy, especially since it appears to be widespread. It appears to be relatively common even among those making above $100,000.

It would be very interesting to have a better, and broader, understanding of this "paycheck to paycheck" issue. I'm sure it is an important driver in today's economic situation.

SPX at 1071.66 as this post is written

No comments:

Post a Comment