In an Unequal Economy, the Poor Face Inflation Now and Job Loss Later - The New York Times

Americans with low incomes are pulling back from buying even as their richer counterparts keep spending — with potentially big consequences.

The lease lasts only a year, however, and Ms. Clarke is worried about finding somewhere to live if it isnt renewed. Even now, she is barely making ends meet: She lost her car keys recently and had to… [+1561 chars]

full article...