Prosperityrx

Are YOU benefiting from the strong economy?

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Sinopsis

Are Americans benefiting from the strong economy?  A Federal Reserve study says 4 in 10 Americans say they wouldn’t be able to scrape together for a $400 emergency expense, and a quarter of Americans skipped some form of medical care in the past year because they couldn’t afford it. (Mary Altaffer/AP) What's up with that? This is supposed to be the longest period of sustained economic growth on record, yet millions of middle-class and low-income Americans still aren’t on solid enough ground to weather a some sort of economic storm in their lives. This year’s Federal Reserve’s annual report on household well-being identified the underlying fragility and exposed pockets of distress.  Almost four in 10 people (39 percent) said they wouldn’t be able to scrape together the cash to meet a $400 emergency expense. Even without any sudden expense, about 17 percent of adults said they would miss a payment on at least one bill this month. More than 6 in 10 said losing their job would mean they couldn’t cover t