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The evidence would suggest that people making a median income are up to their eyeballs in debt, particularly credit card debt, and have very little hope of their situation improving in the future.


I don't believe it does show that in 2023. Do you have a source that's better than a Bankrate survey? (FRED charts are the most reliable.)

Things like this are "okay":

https://www.stlouisfed.org/institute-for-economic-equity/the...

And of course, the poorest people in the country are non-workers (the elderly and children) who are probably not in debt, but have other problems. Should bring back the CTC and fix child poverty again.




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