Economic Anxiety Under Biden Has Reached a Fever Pitch
Economy And Jobs,Joe Biden,Biden Administration,Inflation,Recession
After living under Bidenomics for more than three years, the vast majority of Americans are at their wits’ end trying to make ends meet.
According to a 2023 payroll.org survey, 78 percent of Americans are living paycheck to paycheck. Even worse, 29 percent of Americans “reported that their income doesn’t even cover their standard expenses,” per a Forbes Advisor poll also conducted in 2023.
Because they can barely afford the bare necessities, Americans are drowning in debt. The total amount of credit card debt held by Americans has skyrocketed by more than $300 billion over the past three years. It now stands at an almost inconceivable $1.1 trillion.
Related Coverage
AllSides Picks
Headline Roundup
US and Japan Make Coordinated Yen Purchases to Bolster Currency
August 3rd, 2026
Headline Roundup
Newsom Praises Minimum Wage Raise in California
August 2nd, 2026
The Insight
The Insight: What NYC's City-Run Grocery Stores Mean for America
AllSides Staff
July 31st, 2026
News
Tracking Trump’s Campaign Promises
AllSides Staff
July 24th, 2026