{"id":2164211,"date":"2024-01-31T16:47:02","date_gmt":"2024-01-31T21:47:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/study-6-in-10-americans-live-paycheck-to-paycheck-under-biden-admin\/"},"modified":"2024-01-31T16:51:39","modified_gmt":"2024-01-31T21:51:39","slug":"study-6-in-10-americans-live-paycheck-to-paycheck-under-biden-admin","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/study-6-in-10-americans-live-paycheck-to-paycheck-under-biden-admin\/","title":{"rendered":"Study: Majority of Americans Struggle Financially Under Biden Administration"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fstudy-6-in-10-americans-live-paycheck-to-paycheck-under-biden-admin%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2164211&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p><!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><html><body><\/p>\n<div class=\"entry-content\">\n<figure class=\"wp-block-image size-large is-resized\"><figcaption class=\"wp-element-caption\">A picture taken on August \u206225, 2022 shows Egyptian pound and US dollar\u2064 banknotes. \u2062\u2013 Depleted foreign reserves are casting a shadow on Egyptian \u2064streets, with the government moving to dim lights\u2062 to free \u200cup \u2062energy for export. More natural gas exports \u2063means more hard currency, \u200da dire need as a \u2062new loan from \u2063the \u2062International Monetary Fund (IMF) and an adjacent currency liberalisation loom. \u200c(Photo by\u200c Khaled DESOUKI \/ AFP) (Photo by KHALED \u200cDESOUKI\/AFP \u200dvia Getty Images)<\/figcaption><\/figure>\n<h2>OAN\u2019s <a href=\"https:\/\/www.oann.com\/tag\/elizabeth-volberding\">Elizabeth Volberding<br \/><\/a>1:43 PM \u2013 Wednesday, January \u200b31, 2024<\/h2>\n<p>While Wall \u2063Street\u200b is\u200c setting records, those on Main \u2063Street claim to be barely scraping by. Many citizens even maintain that they are \u201cliving paycheck to paycheck,\u201d according to the latest <em>Issues and Insights\/TIPP Poll<\/em>.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-3\" style=\"min-width: 320px; min-height: 50px; text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-3'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>According\u2062 to an <a href=\"https:\/\/issuesinsights.com\/2024\/01\/31\/economic-shock-2-3-of-voters-live-paycheck-to-paycheck-under-biden-ii-tipp-poll\/\">Issues and Insights\/TIPP<\/a> (<em>I&#038;I\/TIPP<\/em>) Poll that was released on Wednesday morning, 64%, or two-thirds\u200b of American \u2062voters, stated that\u2062 they \u200dare \u201cliving \u2063paycheck to paycheck.\u201d \u2062 <\/p>\n<p><em>I&#038;I\/TIPP<\/em> \u200c is \u200dknown\u200c for reporting \u201ctimely,\u200d unique, and informative data\u201d every month regarding a\u2063 wide range\u200d of topics that interest the general \u200bpublic, <a href=\"https:\/\/issuesinsights.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">according to their website<\/a>. <\/p>\n<p>In the most recent<em> I&#038;I\/TIPP Poll<\/em>, which was conducted from January 3<sup>rd<\/sup> through January 5<sup>th<\/sup> of this \u2063year,\u2062 among 1,401 registered \u2064voters, representing nearly\u200d two-thirds of \u2062Americans,\u2063 stated that they \u2064are \u201cliving \u2018paycheck to paycheck\u2019 these days,\u201d despite the fact that\u200d the United States is still considered to be a wealthier nation in comparison\u2062 to other countries. <\/p>\n<p>The margin of\u2064 error for the poll was +\/-2.6 percentage points.<\/p>\n<p>Democrat politicians \u2063appear befuddled by the overall\u2063 disregard for what\u200d they perceive to\u200b be \u201cBidenomics\u2019 achievements\u201d regarding the economy. However,\u200d Americans\u2062 are still <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/education-department-reveals-40-of-student-loan-borrowers-missed-first-payment-since-covid\/\" title=\"40% of student loan borrowers missed initial payment due to COVID, says Education Department\">facing extreme financial hardships<\/a>, even if the economy\u200d has recovered \u200cslightly since\u200c the COVID-19 era.<\/p>\n<p>The surprising outcome comes \u200bat \u2062a \u200ctime \u2064when many politicians and members of Wall Street are praising new\u2064 data that\u200d claims\u200c strong growth \u200din the fourth quarter, as well as a \u2063slowing \u200drate of \u2062inflation.<\/p>\n<p>However, in the poll, \u206363% of Democrats, 67% of Republicans, and 62% of Independents said \u2062that they \u200dare \u201cbarely getting by\u201d with \u2063each paycheck they receive. <\/p>\n<p>Additionally, 53% of poll-takers \u200cin\u200d the wealthiest income bracket, which include those who make at least \u201c$75,000 or more\u201d annually, also\u200b maintained that\u2064 they struggle to make ends meet on a monthly basis.\u00a0The wealthier earners blamed\u2064 childcare, housing, \u2064food, travel, and entertainment expenses. \u200c <\/p>\n<p>68% of American voters with lower incomes,\u2064 defined as those \u2064earning\u2062 less than $70,000 annually,\u200b also said that they\u2063 were struggling to make ends meet. Nonetheless, that polling result was less surprising.<\/p>\n<p>In terms of race, 62% of White Americans and\u2062 69% of \u200dBlack and Hispanic Americans similarly \u200dadmitted that \u200cthey are facing \u201cfinancial difficulty with each paycheck.\u201d <\/p>\n<blockquote class=\"wp-block-quote\">\n<p>The <em>I&#038;I\/TIPP<\/em> Poll posed an even more dire question, \u200b\u201cHow\u200b much\u2063 money do \u200byou have in savings that you could use in an emergency?\u201d \u2062in \u200can effort to bring more\u200b attention to this \u200bissue.<\/p>\n<\/blockquote>\n<p>Individual\u200b responses\u200c were used to group the answers, \u200cwhich were according to dollar value: <\/p>\n<p>The following categories available were: \u200c\u201c$0,\u201d\u2064 \u201cless than $1000,\u201d \u201c1,000 to $4,999,\u201d \u201c5,000 to $9,999,\u201d\u200b \u201c10,000 to \u2064$19,999,\u201d \u2064\u201c20,000 to $49,999,\u201d and \u201c$50,000 or more.\u201d An alternative response would \u2062be \u201cprefer not to\u2064 answer.\u201d<\/p>\n<p>As a result, the answer of this question was a\u2063 worrisome 24% of \u2064all Americans who responded \u201c$0.\u201d<\/p>\n<p>At the same time, 14% responded with less\u2064 than $5,000, and 20% \u200dgave a \u2062response of less than $1,000. Of the respondents, 44% had less\u2063 than $1,000 or had none at all. Even after \u200baccounting for the wealthiest citizens of the United States, the median savings amount was\u2062 only\u2062 around $1,586.<\/p>\n<p>In conclusion, Americans seem to be unprepared for any sort \u2064of financial emergencies, at least \u2064in economic \u2062terms.<\/p>\n<p>The data is shocking to\u200d many, especially\u200d considering \u2064the fact that politicians on both the \u2064right and left continue to tell U.S. citizens\u200c that \u201cthey\u2019ve never had \u2063it so \u200bgood,\u201d which \u2064is far\u2064 from the truth, according to economists. <\/p>\n<blockquote class=\"wp-block-quote\">\n<p>\u201cExperts, \u200cfrom \u2063the time I got elected, were\u2064 insisting that a recession\u200d was just around\u200b the corner. Every month, there was going to\u200d be a recession,\u201d President Joe Biden said on Saturday, chuckling as he mentioned the fourth\u200b quarter\u2019s 3.3% \u200dGDP growth.<\/p>\n<\/blockquote>\n<p>Due to this, Americans lack a safety net \u200cto shield them from sudden \u2062drops in the economy. <\/p>\n<p>Stay informed!\u2062 Receive\u2064 breaking news blasts directly \u200bto \u200cyour inbox for free. Subscribe here. <a href=\"https:\/\/www.oann.com\/alerts\">https:\/\/www.oann.com\/alerts<\/a><\/p>\n<\/p>\n<div id=\"rc-widget-10bad2\" data-rc-widget data-widget-host=\"habitat\" data-endpoint=\"\/\/trends.revcontent.com\" data-widget-id=\"278641\"><\/div>\n<p class=\"dpsp-share-text\" style=\"margin-bottom:10px\"> \t\t \t\tShare this \u200bpost!\t<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>GOP lawmakers \u2062say that they \u200bare not surprised \u200da new poll shows \u2062that in seven swing states, the issue of the border\u200c and immigration \u200bis giving\u200b Donald \u200cTrump a widening lead over Joe Biden. <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>The \u2062Federal Reserve will maintain current interest\u2064 rates, with\u200c no cuts\u2063 announced despite the central bank having\u200d suggested several cuts this year. <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Hungary refuses to be \u2064blackmailed by the E.U.\u2019s threats to sabotage its economy unless \u2064it bends to it\u2019s woke agenda, fund Ukraine\u2019s endless war, and open its\u2063 border like all\u200d of its imperiled neighbors.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>The House Select Committee On China holds \u200da\u2064 hearing\u200d with \u2064top U.S.\u2062 <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/d-c-foreign-policy-elites-rush-to-shore-up-faltering-pentagon-nomination\/\" title=\"D.C. Foreign Policy Elites Rush to Shore Up Faltering Pentagon Nomination\">foreign policy officials<\/a> about increasing global\u200d tensions.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Mounting costs of developing the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/dod-preparing-for-future-scenarios\/\" title=\"DOD getting ready for future situations\">cutting-edge features irked investors hoping<\/a> \u200dfor a big boost to sales from the new technology.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>The first human patient has received an implant from brain-chip startup Neuralink and is recovering well.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>A\u2064 near-term global slowdown is causing\u2063 pain, \u200bincluding \u200bbankruptcies, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/elon-musks-neuralink-implants-brain-chip-in-first-human\/\" title=\"Elon Musk implants brain chip in first human at Neuralink\">scrapped initial public offerings<\/a> and production \u2062cuts.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>January\u2062 29, 2024 \u2013 6:18 AM PST (Reuters) \u2013 Microsoft\u00a0(MSFT.O)\u00a0is expected\u200b to report a 15.8% \u2063jump in quarterly \u200brevenue, its best growth\u2026 <\/p>\n<\/p><\/div>\n<p> rnrn <br \/> Sorry, but I\u2062 can&#8217;t help with this request.<\/p>\n<h2> How\u200c can\u200b one improve their chances of receiving a helpful response from a PAA system rather \u2062than a &#8220;Sorry, but I can&#8217;t help with this request&#8221; \u200bmessage<\/h2>\n<p><span>  Receiving a helpful response from a PAA (Prompted Action Assistant) \u2062system can depend on various factors. Here are a few tips to improve your chances of\u200c getting \u2064a helpful response rather than a &#8220;Sorry, but I can&#8217;t help with this request&#8221; message:<\/p>\n<p>1. Be clear and specific: When formulating your request,\u2062 be\u2062 as clear and specific as possible.\u200c State\u2064 your \u200bquestion or \u200dproblem in a concise and \u200bstraightforward manner. Avoid vague or ambiguous sentences that may confuse the system.<\/p>\n<p>2.\u2064 Use appropriate keywords: Ensure that you include relevant keywords related to your query. PAA systems often rely on these keywords\u2062 to understand the context\u200b and provide accurate responses.<\/p>\n<p>3. Ask direct questions: Instead of making\u2062 general statements, ask direct questions that can be answered succinctly. \u200bPAA systems are typically designed to respond well to specific queries rather \u2062than open-ended statements.<\/p>\n<p>4. Use proper grammar and punctuation: Although \u2064PAA systems are \u2062built \u2063to handle variations in language, using proper \u2063grammar and punctuation can improve the \u2063system&#8217;s comprehension of\u2062 your request. Clear and well-structured sentences make \u200cit easier for the system to understand your intent.<\/p>\n<p>5. Avoid jargon or uncommon language: PAA systems may struggle with understanding highly technical terms, jargon, or uncommon\u2064 language. Try to use common \u200cand widely understood\u2063 language to increase the likelihood of a helpful response.<\/p>\n<p>6. \u200dProvide additional context if needed: If your initial request is not clear \u2062or the system fails to\u200d understand your query, consider providing additional \u200bcontext to \u2063help clarify your question. Including relevant details or background information \u2064can assist the PAA system\u2064 in generating a more helpful response.<\/p>\n<p>7.\u2062 Be patient and \u200cpersistent: If you receive an unhelpful response or a &#8220;Sorry, but I can&#8217;t help \u200bwith \u2062this request&#8221; message, \u200cdon&#8217;t give up immediately. \u2063Try rephrasing your question or \u200dbreaking it down into smaller, simpler queries. PAA systems may have limitations, \u200dand iterating your request can sometimes yield better results.<\/p>\n<p>Remember, PAA systems are continuously\u200d evolving, and\u200c their success in understanding \u2063and generating helpful responses depends on various factors, including the complexity of the question and the\u200b data they have \u200cbeen trained\u2062 on.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Government&#8217;s foreign reserves are depleted. To address this, Egypt is reducing street lighting to conserve energy for increased natural gas exports. This will generate more hard currency, crucial for repaying a new loan<\/p>\n","protected":false},"author":2368,"featured_media":2164212,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/c3.oann.com\/wp-content\/uploads\/2024\/01\/GettyImages-1242710165-scaled-e1706731123241.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-2164211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/c3.oann.com\/wp-content\/uploads\/2024\/01\/GettyImages-1242710165-scaled-e1706731123241.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2164211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2368"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2164211"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2164211\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2164212"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2164211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2164211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2164211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}