Why ‘Rich Men North of Richmond’ Went VIRAL and Next Month People Will Feel It MORE

Almost three-quarters, 72%, of Americans say they aren’t financially secure given their current financial standing, and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate. “There are actually millions of people struggling,” said Ida Rademacher, vice president at the Aspen Institute. “It’s not something that people want to talk about, but if you were in a place where your financial security feels superprecarious, you’re not alone.” This struggle is nothing new. Principal Financial Group found in 2010 that 75% of workers were concerned about their financial futures. What’s more, since 1979, wages for the bottom 90% of earners had grown just 15%, compared with 138% for the top 1%, according to a 2015 Economic Policy Institute report. But there’s now a renewed focus on wage-earner anxiety amid higher inflation and rising interest rates. #richmennorthofrichmond #oliveranthony #inflation #moneytips

TOPICS AND TIMESTAMPS:
Consumer Weakness 0:00
Economic Issues 7:44
Society Breaking Down 11:03

Music By: Oliver Anthony - Rich Men North Of Richmond
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