Nick Reed PODCAST 12.13.23 - Low Income Families Spend Half Their Salary on Housing
Hour 1 -\xa0\n\nHappy Wednesday! Here's what Nick Reed covers this morning:\xa0\n\nInflation accelerated slightly in November, marking the thirty-second consecutive month with annual prices rising significantly faster than the two percent target seen as healthy by the Federal Reserve.\nAbout two-thirds of households at the bottom 20 percent of the income bracket pay over half their income in rent and utilities.\n\nFormer President Trump\u2019s support among black Americans is surging ahead of the 2024 election.