But I can't follow some of his statistics. In an opinion piece in today's NY Times he wrote
Our economic numbers need to measure what matters. We know stock market prices don’t mean much to the 78 percent of workers in this country who are living paycheck to paycheck or the 40 percent of workers who are a $400 bill away from financial crisis.But if 40% of workers are $400 away from a bill that will put them in a financial crisis, then 60% of workers aren't in that position -- they apparently have at least $400 in savings, so are not living paycheck to paycheck.
How then can 78% of workers be living paycheck to paycheck, if 60% of workers aren't?
Am I missing something?
PS: I sympathize greatly with anyone who can't afford the health care they need. This is just a technical question.