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More Than Half of All Households in the Four Largest U.S. Cities Are Facing Financial Hardship

That is the unsurprising result from a new NPR/Harvard/Robert Woods Johnson Foundation survey, as reported by The Week. “At least half of all households in those cities — 53% in New York City, 56% in Los Angeles, 50% in Chicago, and 63% in Houston — reported facing serious financial problems, including depleted savings, problems paying credit card bills, and affording medical bills.” Also unsurprising is that it is hitting Blacks and Hispanics harder than average.

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