The pandemic is making it clear that it’s time to radically rethink the social contract.
This piece is a commentary, part of The Appeal’s collection of opinion and analysis.
The pandemic is forcing a national conversation about what millions know in their bones: most Americans teeter on the brink of financial ruin. Pre-crisis, 40 percent could not afford a $400 emergency, and 43 percent were experiencing income volatility , where annual pay fluctuates 25 percent or more. This prevents financial planning, debt reduction, and saving, while also locking people out of safer products and interest rates. Before the […]
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