The “Paycheck To Paycheck” Dynamic

Lately there have been a couple of polls conducted showing the percent of people living “paycheck to paycheck.”  Here is a CNBC.com story from September 16 regarding this issue:

http://www.cnbc.com/id/32862851

This “paycheck to paycheck” dynamic is noteworthy, especially since it appears to be widespread.  It appears to be relatively common even among those making above $100,000. 

It would be very interesting to have a better, and broader, understanding of this “paycheck to paycheck” issue.  I’m sure it is an important driver in today’s economic situation.

SPX at 1071.66 as this post is written