2 ms·
50% of the US population would be ruined by an unexpected $500 bill. We can't operate on how things ought to be, we have to look at how things are actually...a
by pope_meat 5y ago
50% of the US population would be ruined by an unexpected $500 bill.
We can't operate on how things ought to be, we have to look at how things are actually...and they're bad.
- exporectomy 5y agoDon't forget that 40% of the population is above or below working age. So perhaps it's only 20% of working age people.
- WalterBright 5y agoMy dad, career Air Force, was once given the job of coaching the privates on the Air Force base. It seems that about 50% of them were unable to pay their bills, which caused friction between the base commander and the local merchants. The privates were all paid the same, every two weeks. Half were able to pay their bills and did well. The other half would spend their paychecks as fast as possible, and would run out of money after 1 week. The 2nd week was spent begging, borrowing, and in general being a deadbeat. My dad would sit down with them, go over their spending, and prepare budgets for them. Literally none of them were able to adhere to those budgets. Again, 50%.
- is_dang_erect7 5y agoWhat is the point of this story?