Inflation outpaces wages for middle- and lower-income households since January 2025, pushing more Americans into living paycheck to paycheck, especially among Millennials and Gen X.
The latest Bank of America (BofA) report reveals that 24% of American households are now living paycheck to paycheck, up slightly from 23.7% in 2024.
Since January 2025, inflation has outpaced the post-tax wages of middle- and lower-income households. The US inflation rate rose to 3% in September, up from 2.9% in August, further eroding purchasing power.
https://www.ibtimes.com/americans-living-paycheck-paycheck-rises-24-2025-led-millennials-gen-x-bofa-report-3790157
https://uk.news.yahoo.com/trump-were-going-become-rich-082402744.html
In Trump’s defense, I don’t think that he ever actually defined who “we” were.
Right. He’s not lying about it… he’s just got a huge grin.