The economy might be strong in the U.S., but, as Statista’s Maria Vultaggio details below, nearly 70 percent of Americans have less than $1,000 stashed away, according to GOBankingRates’ 2019 savings survey. The poll, released December 16, revealed 45 percent have nothing saved. The survey questioned 846 respondents November 25 to 26.
You will find more infographics at Statista
The discovery baffled Bruce McClary, the spokesman for the National Foundation for Credit Counseling.
“It’s puzzling to me that if the economy is doing so well and that we’re so close to full employment, that consumer confidence is up … that we haven’t seen the numbers move much in people’s ability to save,” McClary told Yahoo Finance.
“I find it very troubling that people can’t come up with $1,000 in a savings account to cover expenses without borrowing money.”
As he faces impeachment, President Donald Trump has lauded the strong U.S. economy, saying the American people care more about the economy than the impeachment inquiry.
“The Stock Market hit another Record High yesterday, number 133 in less than three years as your all time favorite President, and the Radical Left, Do Nothing Democrats, want to impeach me. Don’t worry, I have done nothing wrong. Actually, they have!” he tweeted December 17.
“The new USA Today Poll, just out, has me leading all of the Democrat contenders. That’s hard to believe since the Fake News & 3 year Scams and Witch Hunts, as phony as they are, just never seem to end. The American people are smart. They see the great economy, & everything else!”
via zerohedge
Most Americans lack savings because we are being forced to pay illegal aliens, especially here in the Sanctuary State of New Jersey. We are responsible for those DEM “above the law” voters to pay for their Life, Liberty and Pursuit of Happiness. While ours are being made to suffer. But the Dems and some Rinos don’t care. This America Taxpayers reparation for those who break the law.
GOD BLESS PRESIDENT TRUMP! GOD BLESS THE USA!
If no one is above the law, why are illegal aliens allowed to be above the law, demonicRATS?
Everyone that believes in the Constitution and obeyance of the laws of the land, must refuse to pay their taxes until all laws are obeyed by all in this great country.
They are the Democrats new voting base. If you watch the Dem debates, now it’s illegal alien reparations that we must pay.
Refusing to pay taxes? It’s a good idea but unfortunately the penalties are too high and also you have to realize States like Sanctuary states have a very low threshold if you don’t pay. They made sure they get their money and they will come and take your home, your savings, etc. etc.
It’s really a nice idea, but unfortunately you have to have everyone doing it or it comes back to bite you BIG TIME.
GOD BLESS PRESIDENT TRUMP! GOD BLESS THE USA!
If you think that’s bad, think back to where joblessness, economic decline and the one world government was the Obama New Normal. No wonder they hate Trump, he’s undone a century of planning and waiting for an opportunity to jump into the void. If the American socialist is anything, they exhibit patience. Look at obamacare that caused a setback like impeachment, and now the Virginia democrats. They think they can create another California all at once. The democrats have become a cancer on the American experience. They weren’t always, but they’re thinking their unstoppable. Hey North Carolina, you’re next.
Why doesn’t any of our judicial or law enforcement step up and arrest these treasonous, constitutional hating jackasses for attacking our president, his supporters, these Democrats need to be taken out of office, let’s get going and start voting them out or getting jackasses like MAD MAXINE who use thier I’ll gotten powers to advocate violence against TRUMP supporters and TRUMP. SHE should have been arrested and put in jail she is a domestic terrorist!! How come the Democrats are above the law??? It seems that everybody except them are not above the law, what a bunch of hypocritical lowlife corrupt, jerks!!!