BUSINESSGUARDIAN US
Americans are spending $800 just to cool their homes. We are at a breaking point | Mark Wolfe
Americans are spending $800 to cool homes this summer, a 40% increase since 2020, while 60% live paycheck to paycheck and $1.2tn in credit card debt is outstanding. The stock market has doubled since 2020, benefiting asset holders, but utility bill struggles affect one in six households.
Mentioned
Mark WolfepersonNational Energy Assistance Directors AssociationorganizationLow Income Home Energy Assistance ProgramorganizationCenter on Energy Poverty and ClimateorganizationGeorge Washington UniversityorganizationTrachtenberg School of Public Policyorganizationcredit card debttopicutility billstopicStock Markettopic
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