Why More Americans Are Being Pushed Into Poverty | CNBC Marathon
Why More Americans Are Being Pushed Into Poverty | CNBC Marathon
Transcript
63% of workers say they wouldn't be able to cover a $500 emergency expense. Most people don't have $1,000 in the bank. Most people cannot handle a tire blowout, or they're going to put it on credit. Americans now carry more than $1 trillion in credit card debt. The official poverty measure in the US today is based on calculations from the mid 1960s... Read More
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