this post was submitted on 19 Aug 2023
82 points (94.6% liked)

News

23259 readers
4756 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
 

Americans will likely deplete the rest of the excess savings they accumulated during the pandemic this quarter, according to a new study from the Federal Reserve Bank of San Francisco.

After rapidly accumulating “unprecedented” levels of excess savings during the pandemic, the San Francisco Fed estimates American households held less than $190 billion in aggregate excess savings as of June.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 61 points 1 year ago (1 children)

Yup the average person just spent the last of the whole $1200 that they have been living off for 3 years with no job. Thats totally in touch

[–] [email protected] 20 points 1 year ago (3 children)

I'm not sure you can call the average American job-less when the unemployment rate is only 3.5%

[–] [email protected] 32 points 1 year ago

Because no one wants to work right? They are all living off the massive $1200. I forgot about the sarcasm blind so just in case s/

[–] [email protected] 13 points 1 year ago (1 children)

Funny thing about numbers, you can get them to say whatever you want. 70% of statistics are made up. Part-time temporary work is not a job you can survive off.

[–] [email protected] 5 points 1 year ago

Lies, damned lies, and statistics.

[–] [email protected] 6 points 1 year ago

Paycheck to paycheck, then crazy inflation.