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Over half of Americans say they're not even close to financial freedom (scrippsnews.com)

submitted 1 year ago by Blaze@discuss.tchncs.de to c/personalfinance@lemmy.ml

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About 36% of U.S. adults say they have less than $1,000 in their savings accounts.

For analysis of the political views of that media: https://ground.news/article/over-half-of-americans-say-theyre-not-even-close-to-financial-freedom

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[–] duderium@hexbear.net 2 points 1 year ago (1 children)

Democracy is when everyone is desperately poor no matter how hard or smart they work.

[–] Honytawk@lemmy.zip 1 points 1 year ago (1 children)

Which is still better than having extremely poor and extremely wealthy people.

[–] duderium@hexbear.net 2 points 1 year ago* (last edited 1 year ago)

I should have clarified. In Amerikkka, there is a large number of extremely poor people (proletariat), a small number of people who are doing better and who therefore believe that capitalism is normal (labor aristocrats and petite bourgeoisie), and a tiny minority of haute bourgeoisie who control the country and think that it’s funny and strange that anyone supports them.