A Maria Antoinette moment

[timelets]

Wilbur Ross, a billionaire and the current Commerce Secretary, doesn't understand why federal workers who don't get paid can't get a loan from a bank.

"Wilbur Ross 'Doesn't Understand' Why Furloughed Workers Need Food Banks | Hallie Jackson | MSNBC" (Watch on YouTube)

Comments

[lm644]

With $35-45K annual gross, the question is not whether you would save anything - it’s whether you could. The cost of living in major metropolitan areas is such that with mandatory retirement savings (not accessible in emergencies) and medical insurance deductions, you can barely cover your basic expenses. Saving is a luxury for most people of modest incomes.