Study: 80% of Americans living paycheck to paycheck in Trump’s America

President Donald Trump has a lot of work to do to Make America Great Again. The latest data suggest that what he’s doing so far isn’t working – the data also show that Americans need to pull up their boot straps, too.

Most Americans are living paycheck to paycheck, and there are no signs of it getting any better.

According to a new study by CareerBuilder, 78 percent of Americans are living paycheck to paycheck, which is up from 75 percent last year. It gets worse: 75 percent are in debt, and half say they will always be in debt.

Heck, even some of the more affluent Americans are living paycheck to paycheck. Nine percent of those earning $100,000 or more are going through life paycheck to paycheck, and 59 percent report they are in debt.

“Living paycheck to paycheck is the new way of life for U.S. workers,” CareerBuilder spokesman Mike Erwin told CBS News. “It’s not just one salary range. It’s pretty much across the board, and it’s trending in the wrong direction. Jobs have come back, but we haven’t seen salaries rebound.”

Of course, at the same time, workers aren’t willing to make any sacrifices to improve their lives. The survey found that 54 percent would not be willing to give up the Internet, 53 percent would not sacrifice their smartphones and 19 percent would not stop going out to eat.

Another issue is the paucity of saving: 25 percent say they do not contribute to a savings account.

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