99% of Americans will be financially worse-off than they were pre-pandemic by mid-2024, JPMorgan says

submitted by Tom_Bombadil from finance.yahoo.com

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newinsightfulfun

[–][deleted] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (1 child)

They made us feel comfortable. Emptied our bank accounts.

The worst is yet to come.

[–]Tom_Bombadil[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Yep.

[–]ActuallyNot 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

It's likely that all but the top 1% of consumers will be worse off financially in mid-2024 than they were pre-pandemic, the bank said.

Better lower taxes on the top 1% then.

[–]IkeConn 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

I hope they remember this when they vote.

[–]Tom_Bombadil[S] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

I'm pretty sure the voting is a scam.

Carter's NYC head campaigner was encouraging voters to vote early, and vote often.

They seemed more open about it before the internet.