Talking Points: November 16, 2020

November 16, 2020

By the end of this year, American renters will owe at least $7.2 billion in past-due rent, a sum that could grow as high as $70 billion if the government does not approve a new stimulus deal before then. In such a case, it is estimated that 12.8 million Americans will owe an average of $5,400 worth of missed payments. NYSSCPA, October 27, 2020

About 26% of U.S. adults now get their news from YouTube. Pew Research, September 28, 2020

An estimated 5.8 million Americans are currently living with Alzheimer’s, dementia, or other memory disorders. The estimated lifetime cost of dementia care can exceed $750,000 in direct and indirect expenses. Barron’s, October 11, 2020

America has about 800,000 practicing physicians but needs twice that number of people to administer its payments system. “The Body, A Guide for Occupants”, by Bill Bryson

Fifty-seven percent of the 10,508 Americans who took an eight-question quiz measuring financial literacy flunked. Investment News, October 7, 2020

Regardless of party, the S&P performs better in a president’s first term than in the second. MorningBrew, November 1, 2020

“It’s so hard to forget pain, but it’s even harder to remember sweetness. We have no scar to show for happiness.” Chuck Palahniuk

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Image: Alpha Stock Images/Nick Youngston

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