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MMB-PHX's avatar

Thank you for coming back with a bang! Your work is deeply appreciated.

One item, though, regarding your Item 5 which reports: Both high- and low-income households still have about 50 percent more cash in their checking accounts than they did three years ago.

One needs to recall that three years ago checking accounts did not reflect the possibility that the world was coming to an end via a pandemic, et al., which is to say checking accounts now reflect a respect for what might be necessary in an unknown future. The bigger the better!

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Robert M.'s avatar

AUTHOR TIMOTHY LEE: Okay Housing, Education, and HealthCare are much more expensive. But hey, hammers are cheaper!

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