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Almost Half of US Families Can't Afford Basics Like Rent and Food

posted by janrinok on Monday May 21 2018, @08:11AM   Printer-friendly
from the richest-country-in-the-world dept.

An Anonymous Coward writes:

http://money.cnn.com/2018/05/17/news/economy/us-middle-class-basics-study/index.html

"Nearly 51 million households don't earn enough to afford a monthly budget that includes housing, food, child care, health care, transportation and a cell phone, according to a study released Thursday by the United Way ALICE Project. That's 43% of households in the United States."

The figure includes the 16.1 million households living in poverty, as well as the 34.7 million families that the United Way has dubbed ALICE -- Asset Limited, Income Constrained, Employed. This group makes less than what's needed "to survive in the modern economy."

"Despite seemingly positive economic signs, the ALICE data shows that financial hardship is still a pervasive problem," said Stephanie Hoopes, the project's director.

California, New Mexico and Hawaii have the largest share of struggling families, at 49% each. North Dakota has the lowest at 32%.

Many of these folks are the nation's child care workers, home health aides, office assistants and store clerks, who work low-paying jobs and have little savings, the study noted. Some 66% of jobs in the US pay less than $20 an hour.

See also: https://www.forbes.com/sites/noahkirsch/2017/11/09/the-3-richest-americans-hold-more-wealth-than-bottom-50-of-country-study-finds/

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  • (Score: 1, Flamebait) by The Mighty Buzzard on Monday May 21 2018, @08:16PM (1 child)

    by The Mighty Buzzard (18) Subscriber Badge <themightybuzzard@proton.me> on Monday May 21 2018, @08:16PM (#682370) Homepage Journal

    You wish, sweety. I take care of the folks I give a damn about when they need a hand. I won't have you fuckwad progressives telling me I'm morally obligated to work to support people I've never met though. I don't wish those folks ill. You guys though? May you be ass-raped by a cactus with herpes.

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  • (Score: 2) by NewNic on Monday May 21 2018, @08:47PM

    by NewNic (6420) on Monday May 21 2018, @08:47PM (#682380) Journal

    You wish, sweety. I take care of the folks I give a damn about when they need a hand. I won't have you fuckwad progressives telling me I'm morally obligated to work to support people I've never met though.

    In denial much? Your statement is the very essence of "I've got mine, screw you".

    I don't know if you are Christian, but if you are, you might like to review this page and ponder on whether any of these encouraged people to only help those people one knows:
    https://www.biblestudytools.com/topical-verses/bible-verses-about-helping-others/ [biblestudytools.com]

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    lib·er·tar·i·an·ism ˌlibərˈterēənizəm/ noun: Magical thinking that useful idiots mistake for serious political theory