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Americans grapple with affordability crisis: "Hard for me just to survive"

CBS News
Summary
Nutrition label

77% Informative

A recent CBS News poll found two out of three Americans are inflation-concerned about their finances.

Three out of four said their incomes aren't keeping up with inflation.

"It takes multiple incomes to survive in this economy," a teacher says.

A police officer says he can't afford to put 20% down on a home for his family.

A 70-year-old widow is looking for work after losing her job in retail after her husband died.

One in five people over age 65 , or approximately 11 million Americans , are over 65 .

Census data: 50% of women and 47% of men between the ages of 55 and 66 have no retirement savings.

"My biggest obstacle right now is being able to support myself," says Moreno Carlson .

VR Score

80

Informative language

78

Neutral language

86

Article tone

informal

Language

English

Language complexity

36

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

Affiliate links

no affiliate links