Soaring costs of food and housing forcing many to still rely on parents to cover expenses, as they risk retirement security
Nearly half of US parents provide some kind of financial support to their adult children, who are grappling with higher food and living costs than they did, a new study has found.
The study – conducted by Savings.com – found that young, working-class Americans were not substantially benefiting from the recovery of the country’s economy, as “evidenced by high employment, falling inflation, and economic growth”. That has forced many of them to continue to rely on their parents to help cover costs of living.
(…)
The most common expenses parents covered for adults across those three generations were groceries, food, cellphone bills, rent, mortgages, tuition and health insurance.
All shit Dem voters have been trying to get addressed for decades…
Unfortunately Republican voters, Republican politicians, and most Dem politicians dont want to fix.
At least when Republicans are against it I understand why, but we need to get the neoliberals out of power in the Dem party or we’ll never fix it
The majority of the country never gets a chance to vote for someone with the same views and priorities. Because billionaires and corporations donate insane amounts of money in primaries to ensure by the time the general comes around, there’s no chance they lose.
