[smaddox]

14% is still ~35 million adults. That's still a problem. And yes it's better than it was right after the global financial crisis, but this boom is not going to last forever. Our economic policies and policy makers are too busy sticking their heads in the sand.

[hn_throwaway_99]

But honestly, even if all those people made twice as much, you'd still see millions of people unable to cover an unexpected expense (maybe not 14%, but, say, 10%).

I've met more than a few people who are just mentally unable to save money. The second they get money, they spend it, regardless of the actual need.