Tumblr Icon RSS Icon

Study: More Than 20 Percent Of Americans Are Economically Insecure

By Pat Garofalo on November 28, 2011 at 2:45 pm

"Study: More Than 20 Percent Of Americans Are Economically Insecure"

Share:

google plus icon

According to a new study by Yale professor Jacob Hacker, “more than one in five Americans saw at least a quarter of their available household income vanish in the Great Recession, yet lacked a sufficient financial cushion,” leaving them economically insecure. Hacker measures economic security by looking at income left over after medical bills and debts are paid. Overall, about 62 million Americans faced economic insecurity last year.

Tags:

‹ PREVIOUS
Constituents Rebuke GOP Congresswoman For Her Allegiance To ‘No Tax’ Pledge Instead Of The Constitution

NEXT ›
Congress Tries To Undercut Wall Street Reform Provision Aimed At Regulating Risky Financial Instruments

By clicking and submitting a comment I acknowledge the ThinkProgress Privacy Policy and agree to the ThinkProgress Terms of Use. I understand that my comments are also being governed by Facebook, Yahoo, AOL, or Hotmail’s Terms of Use and Privacy Policies as applicable, which can be found here.