Welcome to the Recovery – McKinsey Survey Shows 40% of Americans Living Paycheck to Paycheck, Up From 31% in 2012 | WHAT REALLY HAPPENED

Welcome to the Recovery – McKinsey Survey Shows 40% of Americans Living Paycheck to Paycheck, Up From 31% in 2012

Nothing screams economic recovery like 2 out of every 5 Americans living paycheck to paycheck. Especially when that number has reportedly increased by 33% since 2012.

Perhaps someone should inform these destitute plebs that the stock market is up nearly 45% over the past two years, and after all, nothing says economic success like the 0.01% enriching themselves via fraud and financial engineering.

Here are two of the most sobering findings from the survery:

40 percent of the consumers we surveyed said they are coping with the challenge of living paycheck to paycheck, up from 31 percent in 2012.

Today just 23 percent say they are optimistic about the economy, down from 27 percent at the beginning of the recession in 2009.

Webmaster's Commentary: 

IF you have been feeling the effect of stagnant wages and inflation just tearing your budget apart, you are not alone.

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