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Two Thirds of all Americans would struggle to cover a $1,000 crisis
A new poll shows that two-thirds of all Americans would struggle to cover $1,000 crisis. According to this poll by the NORC Center for Public Affairs Research, this type of crisis spans all incomes. Three-quarters of people in households making less than $50,000 a year and two-thirds of those making between $50,000 and $100,000 would have trouble coming up with $1,000 to cover an unexpected bill. Even for the country's wealthiest 20 percent - households making more than $100,000 a year - 38 percent say they would have at least some difficulty coming up with $1,000. William R. Emmons, a senior economic adviser at the Center for Household Financial Stability at the Federal Reserve Bank of St. Louis said, "Many families are still struggling with debt from the housing bubble and borrowing boom. And the recent economic stresses make it much more likely families are going to be fighting basic financial issues." -Thom (What do you think? Tell us here.)
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Tonight on The Big Picture on RT TV at 7pm and 10pm... Is Debbie Wasserman Schultz Getting Dropped? (check your local listings for stations or stream at RT or Free Speech TV, and catch past shows on Youtube)
Be sure to check out our newest video: RESTORATION - narrated by Leonardo DiCaprio & Thom Hartmann, directed by Leila Conners / Visit GreenWorldRising.org to check out all the videos: CARBON, LAST HOURS & GREEN WORLD RISING - narrated by Leonardo DiCaprio & Thom Hartmann, directed by Leila Conners Big Picture Rumble: - Scott Greer, The Daily Caller - Max Blumenthal, Alternet/The 51 Day War-Ruin and Resistance in Gaza/RT America - Charles Sauer, The Market Institute
Best of the Rest: Is Debbie Wasserman Schultz Getting Dropped? - Michael Winship, Moyers & Company/Writers Guild of America East
PLUS, The Koch Bros Right Wing Lab.... - Alex Kotch PhD, Independent Reporter
Daily Take: Did the Fossil Fuel Industry Bring Us to the Point of No Return? |
Wednesday's Daily Stack 
Hour One: Why Are Poor Black Kids Being Punished More Than Rich White Banksters?
Hour Two: The World Would Not Exist If Everyone Ate Like Americans - Alex Orlov, Mic 
Do you have all the info you need to vote for @BernieSanders? Find it here. |
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