And Why Shouldn’t Federal Workers Live Paycheck To Paycheck – They Can Borrow, Can’t They?

Jared Bernstein is performing his usual useful function here, providing us with his analysis so that we know what not to believe. Here it’s about how horrible it is that Federal workers live, often enough, paycheck to paycheck and therefore cannot survive a shutdown and the missing of one of those paychecks. Except they can borrow, can’t they? As Wilbur Ross has pointed out they can indeed borrow and there’s an ecosystem of people only too delighted to lend to them too.…

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