Only 44% of Americans can. Just saw that on Charles Payne and thought wow. Over half of Americans would have to charge it on a credit card, borrow from a family member or take out a loan for $1000.
That’s insane! In my opinion….. A very few are in that situation through little fault of their own. The vast majority have $200 Nikes, an IPhone 13, and many extravagances but zero savings. Not sure what one does about them, except helping them via handouts of taxpayer money only enables them.