Quote:
Originally Posted by CA4Now
You apparently didn't read the rest of that article.
Or any others.
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I couldn't read more than the first bit because the rest was in a paywall. Need to quote if going to use that type of source because not everyone can read it.
Again an average is an average. Your articles are not really about averages, they about a segment of the population. An economy could be divided into multiple segments. You are trying to deflect - the original article was correct, you just don't like it. A segment doing poorly does not imply the entire economy is also.
Didn't know I owed any articles to post - who would know - guess I will just use yours.
https://www.cnbc.com/2020/09/01/near...-pandemic.html
There are many articles about so many not having savings let alone emergency savings to wipe out so IDK, did they wiped out $100? I guess you didn't look at the actual data - 14% lost jobs, same percent as tapped out. Only 17% tapped into savings so with 14% having been tapped out - means probably not much there. Doesn't sound like the average person is hurting from that data.
https://time.com/5833008/us-unemployment-coronavirus/
That article is more about income inequality and unemployment than health care. Also if out of work, they can get Medicaid. Kind of funny - wasn't Obama care supposed to fix the medical bills for low income people?
https://www.cbsnews.com/news/city-re...cal-care-debt/
Sounds like those that live in the big Democratic cities that have been shutdown are having issues - that didn't impact their finances? This was only 4 cities, all Democratic and according to the survey, the majority polled lost jobs - the reported job loss percent by city - New York—50%, Los Angeles—61%, Chicago—51%, Houston—57% about the same as those struggling. The issue seemed to be mainly struggling to pay credit cards. The survey is suspect because unemployment rate is 8.4% and the other survey said 14% lost jobs not over 50% - over 50% polled struggling but mainly polled those who lost jobs - WTF. I guess there are consequences of keeping things shut down.