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Interesting that if the assumption is that lower delinquency rates = better economies, that suggests the Obama years experienced a better economy than the Clinton or Trump years. And Biden's first year was the best year on record.
Rates are rising over the last year, like Natural Citizen said.
That's the beauty of inflation, bargains everywhere.Unfortunately, reposessions are on the rise across the board.
Homes. Cars. Boats. And so forth.
As was previously predicted would soon start to happen around here some place...
Rates are historically low. He thought he had something. He doesn’t. There is no high level of defaults. That’s a lie. He was busted.Rates are rising over the last year, like Natural Citizen said.
You presented it like it’s a current problem. It’s not. It’s a historic low - outside of the pandemic numbers.I wasn't even gonna argue with him about it.
Anyone paying attention is fully aware of the rising trend.
Heck. Even the Fed itself acknowledges this reality.
People are spending record amounts eating out. If they were struggling then why is that?Fucking idiot. Next time you go to the Grocery Story, tell them you'll pay them in 'liquidity'.
Don't try it in a Bar, you might get your stupid ass beat
Not remotely the issue. Regardless. My house is worth 90% more than I paid for it in 2018. As usual, those at the bottom of the ladder aren’t benefitting but that is how we are set up. Takes money to make money. Democrats would spread that benefit around but the GOP hates that idea. They want me to keep every dollar I earn from equity. Nice of them. Sucks for the working class though.
Rates are historically low. He thought he had something. He doesn’t. There is no high level of defaults. That’s a lie. He was busted.
Let me help you because you are learning disabled.
Cherry picked bullshit. Look at ALL consumer loan delinquency rates. They only very slightly elevated from 2019 and are at historic lows.View attachment 945391
Delinquency Rate on Credit Card Loans, All Commercial Banks | FRED | St. Louis Fed
Graph and download economic data for Delinquency Rate on Credit Card Loans, All Commercial Banks from Q1 1991 to Q4 2023 about credit cards, delinquencies, commercial, loans, banks, depository institutions, rate, and USA.fred.stlouisfed.org
And Biden's first year was the best year on record.
Biden's number now is worse than any Trump number.
It's the same number of people and the same number of meals served. They just cost twice as much.People are spending record amounts eating out. If they were struggling then why is that?
Cherry picked bullshit. Look at ALL consumer loan delinquency rates. They only very slightly elevated from 2019 and are at historic lows.
Delinquency Rate on Consumer Loans, All Commercial Banks
Graph and download economic data for Delinquency Rate on Consumer Loans, All Commercial Banks (DRCLACBS) from Q1 1987 to Q4 2023 about delinquencies, commercial, loans, consumer, banks, depository institutions, rate, and USA.fred.stlouisfed.org
People are spending record amounts eating out. If they were struggling then why is that?
If it was a burden people would cut back and eat at home. That’s not happening. Food at home hasn’t moved. All the food increase is self driven by spending more out.It's the same number of people and the same number of meals served. They just cost twice as much.
Take your propaganda down the road
Higher than they've been since 2012
odanny, Speaking of LOSING: How's your gf Hillary?
Only that your casually made-up stats are bullshit.
It was low in 2013 and it’s low now, and in fact about the same as 2019.
When this metric increased under Trump you couldn’t give two shits, now all of a sudden it’s the yardstick of economy.
Partisan bullshit peddling, that’s the name of your game.
he's even more unpopular that Carters !Biden approval on economy from RCP.
President Biden Job Approval Economy | RealClearPolling
