Economic discussions in the election cycle resemble children arguing about turns; both major parties recognize frustration but fail to present viable solutions to financial difficulties.
At Canary, we hear from those facing dire situations—rents unpaid, medical co-pays unaffordable, and transportation issues stemming from lack of funds to repair vehicles.
Lending Club reports that almost half of Americans (46%) face a financial emergency within any given 90 days, which suggests these emergencies are now commonplace.
From 1990 to 2019, median family income increased by 140%, yet childcare costs soared over 200%, prescription drugs 175%, and higher education almost 400%.
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