{"id":129695,"date":"2024-06-05T08:00:00","date_gmt":"2024-06-05T12:00:00","guid":{"rendered":"http:\/\/kendallharmon.net\/?p=129695"},"modified":"2024-06-05T17:42:24","modified_gmt":"2024-06-05T21:42:24","slug":"bloomberg-majority-of-middle-class-americans-say-they-struggle-financially","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=129695","title":{"rendered":"(Bloomberg) Majority of Middle-Class Americans Say They Struggle Financially"},"content":{"rendered":"\n

Almost two-thirds of Americans considered middle class<\/a> said they are facing economic hardship and don\u2019t anticipate a change for the rest of their lives, according to a poll commissioned by the National True Cost of Living Coalition.<\/p>\n\n\n\n

By many traditional measures, the US economy is strong, with robust labor, housing and stock markets, as well as solid gross domestic product\u00a0growth<\/a>. But the data don\u2019t capture the financial insecurity of millions of households who worry about their future and are unable to save, according to the group, created this year to come up with cost-of-living tools that help gauge economic well-being.<\/p>\n\n\n\n

In the large poll of 2,500 adults, 65% of people who earn more than 200% of the federal poverty level \u2014 that\u2019s at least $60,000 for a family of four, often considered middle class \u2014 said they are struggling financially.<\/p>Read it all<\/a>.

Almost two-thirds of Americans considered middle class said they are facing economic hardship, according to a poll. In the survey, 65% of people who earn at least $60,000 for a family of four said they are struggling financially https:\/\/t.co\/hwHmjJCI6y<\/a><\/p>— Lisa Abramowicz (@lisaabramowicz1) June 4, 2024<\/a><\/blockquote>