[quote=utcsox][quote=flyer]I agree with all of the positive elements mentioned wrt the president elect, that’s why, as an independent, I voted for him this time.
Of course, money isn’t the most important thing. Never has been to me, and never had to worry about it, just glad we can help family and friends live better lives, but with the constant whining we hear about wealth inequality, it must be important to many voters (Gallup Polls reported 80% of voters are concerned about their finances) so it will be interesting to see if this mega issue can also be solved by the new administration in any measurable way.[/quote]
Except, Gallup Polls reported no such things.
“The 55% who say they are better off today is also similar to the 53% who rate their personal financial situation as either excellent or good, down only slightly from before the pandemic. ”
Edit
You are absolutely correct. I was looking at a Gallup Poll from 2018.
While checking on that, I found some other fun facts published in 2020 concerning finances in America.
Now, of course, money is not the source of our happiness–we all know that. It is simply a means to an end–a bridge to our dreams–a fortress that gives us a sense of security–or whatever else we may want to call it, but out of 122-128 million households (via various reports) in the US, there are only about 11.8 million millionaire households. (Per NY Post–excluding primary residence.)
Shockingly low stat, considering the number of households in the country. On that basis, it would be interesting to know, per your example above, what the criteria was for who those who claim their personal financial situation is either excellent or good. Without having that criteria and the actual numbers they are referring to, it would be hard to judge how relevant and valid the poll really is.
An extreme example would be someone polled might believe that having a $100K net worth would be enough to fund a 30-year retirement, so they responded to the poll saying that their financial situation is either excellent or good. My point is, without knowing the criteria, polls, including the one I referenced, are meaningless. That said, the millionaire headcount would seem to be far more accurate, and very revealing wrt the actual financial status of Americans.
