By Lisa Haven

When around 50 million households or 43% of Americans can’t afford a basic monthly budget for housing, food, transportation, health care and daily living, then one must ask themselves, “Have we hit the economic crisis that has been looming for years?”

In the video below I delve into newly released information from the United Way that proves things are a bit worse then we thought.

All that and more below…

   

“Most  obviously,  the  extent  of  hardship    with  40  percent  of  households  earning  below  the  ALICE  Threshold    means  that  millions  of  families  are  being  forced  to  make  difficult  choices  and  risky  trade-offs  on  a  day-to-day  basis.” United Way ALICE: Thee consequences of Insufficient Household Income. (pg. 83) 

 

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For More Information See:

https://www.unitedwayalice.org/in-the-news

https://www.dropbox.com/s/rqkb78s170rr8hd/17UWALICE%20Report_NCR_12.19.17_Lowres.pdf?dl=0#

https://www.dropbox.com/s/8rs2iurjqwyioic/16UW%20ALICE%20Report_MultiStatesSummery_12.23.16_Lowres.pdf?dl=0

https://www.marketwatch.com/story/50-million-american-households-cant-afford-basic-living-expenses-2018-05-18