you can replace “farmers” with most professions these days and this would still ring true
Less than 5% of Americans workers hold multiple jobs, so no, that will not ring true.
95% or americans are not afloat so that checks out ( https://apps.urban.org/features/debt-interactive-map/?type=o... )
also 35+% of americans have a side hustle so you are taking that 5% too literally :)