Lower-Income Americans Struggle Amidst Rising Costs, Signaling a Selective Recession in the US Economy
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#47f15315 ver:0.26
Despite concerns about rising costs and a selective recession, consumer spending remains strong in the US economy, particularly among middle-class consumers. However, lower-income Americans are struggling to keep up with the cost of living, exacerbating economic inequalities. Discretionary budgets are shrinking, and many households lack emergency funds. Policymakers must address income inequality and promote inclusive growth to mitigate the impact of recessionary pressures. #US #economy #consumer #spending #inequality #recession...
#newstr #UsEconomy #ConsumerSpending #IncomeInequality #Recession #JpmorganChase
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