The alarming statistics that show the U.S. economy isn’t as good as it seems | Business | stltoday.com
Article du Washington Post repris (25/5/2018)
– Forty percent of American adults don’t have enough savings to cover a $400 emergency expense such as an unexpected medical bill, car problem or home repair.
– Forty-three percent of households can’t afford the basics to live, meaning they aren’t earning enough to cover the combined costs of housing, food, child care, health care, transportation and a cellphone, according to the United Way study. Researchers looked at the data by county to adjust for lower costs in some parts of the country.
– More than a quarter of adults skipped necessary medical care last year because they couldn’t afford it.
– Twenty-two percent of adults aren’t able to pay all of their bills every month.
– Only 38 percent of non-retired Americans think their retirement savings is “on track.”
– Only 65 percent of African Americans and 66 percent of Hispanics say they are “doing okay” financially versus 77 percent of whites.
The Fed and United Way findings suggest the U.S. economy isn’t nearly as strong as statistics such as the unemployment rate and the GDP growth rate suggest. Taken alone, these metrics mask the fact that some Americans are doing well and some are not.
President Donald Trump and many Republicans in Congress are focused on getting people back to work with the belief that once people have jobs they will be able to lift themselves out of poverty. But a growing body of research like the Fed and United Way studies and anecdotes from people working on the front lines at food banks and shelters indicates that a job is no longer enough.