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Link: https://x.com/brithume/status/2044056701616152921?s=46

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left to meet their "Needs"?...as opposed to those who are (much) less wealthy...maybe Trump is unconcerned about "Affordability", but most Americans are, and unless the dynamics of our Wealth Gap change dramatically, America is on track for a major shakeup...the Status Quo won't cut it.

Here is another AI Summary perspective...
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Approximately 21% to 27% of American adults have no emergency savings at all. Furthermore, about 43% of Americans cannot cover a $1,000 emergency expense using savings, and 69% report having less than $1,000 in savings. Financial vulnerability is high, with 58% having the same or less savings than a year ago.

Key Savings and Emergency Fund Data:
No Savings: 17% to 27% of U.S. adults have zero emergency savings.
Low Savings: Nearly 70% of Americans report having less than $1,000 in savings.
Emergency Inability: 43% of Americans could not cover a $1,000 emergency expense, such as a car repair or medical bill, with cash or savings.
Impact of Inflation: 57% say high inflation and rising costs have prevented them from contributing to savings.
Generation Gaps: Younger Americans are more likely to lack savings, with 34% of Millennials and 29% of Gen Z reporting no emergency savings.

Generational Breakdown of No Emergency Savings (2025/2026 data):
Millennials: 34% have no emergency savings.
Gen X: 31% have no emergency savings.
Gen Z: 29% have no emergency savings.
Baby Boomers: 16% have no emergency savings.

These findings indicate a decline in savings from previous years, with many Americans living paycheck to paycheck or relying on debt for unexpected costs.
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The wealthy can be guilty of one and leftists of the other.

Let he who is without sin cast the first stone.

does Bill Gates. We saw what happened during DJT's first term when he gave the rich and corporations tax breaks...it went into stock buy backs...not re-investments for R&D, etc.

Don't forget that in the 1950's and 60's the ratio of CEO to Average Worker compensation was on the order of 20-30 to 1...now it's over 300 to 1...Keep that up and there will be some form of revolution taking place in the not too distant future...very likely put down by an Authoritarian government. On the brighter side, DJT is making such a mess of things, the odds are that sanity will be restored with a good chance that moderate Republicans realize the fallacy. of MAGA and start working with Dems to craft bipartisan legislation that includes Revenue increases along with sensible spending cuts.


Link: https://www.investopedia.com/warren-buffett-paid-billions-to-the-irs-and-says-it-s-still-not-enough-why-it-matters-for-your-tax-bill-11950444

Wonder why that never happens?