GREAT: US Retail Sales Increase Strongly...

[Dschrute3]

There is good news out there, folks. Don't allow Democrat Fake News to get you down. The sky isn't falling.


U.S. retail sales rose more than expected in July as households boosted purchases of motor vehicles and clothing, suggesting the economy remained strong early in the third quarter.

Economists polled by Reuters had forecast retail sales nudging up 0.1 percent in July. Retail sales in July increased 6.4 percent from a year ago.

July's increase in core retail sales suggested the economy started the third quarter on solid footing after logging its best performance in nearly four years in the second quarter.

GDP surged at a 4.1 percent annualized rate in the April-June period, almost double the 2.2 percent pace in the first quarter.

US retail sales increase strongly in July
DRUDGE REPORT 2018®

 

[Harpy Eagle]

In other good news, US household debt is up to $13.29 trillion, because most Americans live the same way the government operates, in the red.

The level of U.S. consumer debt was $618 billion higher than the previous peak of $12.68 trillion in the third quarter of 2008. It was 19.2 percent above a post global credit crisis low set in the second quarter of 2013, the New York Fed said.

U.S. household debt rises to $13.3 trillion in second quarter

 

[Dschrute3]

In other good news, US household debt is up to $13.29 trillion, because most Americans live the same way the government operates, in the red.

The level of U.S. consumer debt was $618 billion higher than the previous peak of $12.68 trillion in the third quarter of 2008. It was 19.2 percent above a post global credit crisis low set in the second quarter of 2013, the New York Fed said.

U.S. household debt rises to $13.3 trillion in second quarter

They seem to have more disposable income. That's a good thing.

 

[Harpy Eagle]

In other good news, US household debt is up to $13.29 trillion, because most Americans live the same way the government operates, in the red.

The level of U.S. consumer debt was $618 billion higher than the previous peak of $12.68 trillion in the third quarter of 2008. It was 19.2 percent above a post global credit crisis low set in the second quarter of 2013, the New York Fed said.

U.S. household debt rises to $13.3 trillion in second quarter

They seem to have more disposable income. That's a good thing.

If they had more disposable income debt would not be rising. What they have is more debt, not more disposable income

 

[BlackFlag]

Here’s the actual article, if you want to read into it more than the propaganda the OP slurped up from his state run media: US retail sales increase strongly in July

Up 0.5% from the month before, up 6.4% from last year, figures no different than under the previous administration, and unlikely to be repeated in the upcoming months.

 

[Siete]

In other good news, US household debt is up to $13.29 trillion, because most Americans live the same way the government operates, in the red.

The level of U.S. consumer debt was $618 billion higher than the previous peak of $12.68 trillion in the third quarter of 2008. It was 19.2 percent above a post global credit crisis low set in the second quarter of 2013, the New York Fed said.

U.S. household debt rises to $13.3 trillion in second quarter

They seem to have more disposable income. That's a good thing.

they seem to be buying the crap it takes to send millions of children BACK TO SCHOOL .....

DDDDDDUUUUUUUHHHHHHHH

 

[Dschrute3]

In other good news, US household debt is up to $13.29 trillion, because most Americans live the same way the government operates, in the red.

The level of U.S. consumer debt was $618 billion higher than the previous peak of $12.68 trillion in the third quarter of 2008. It was 19.2 percent above a post global credit crisis low set in the second quarter of 2013, the New York Fed said.

U.S. household debt rises to $13.3 trillion in second quarter

They seem to have more disposable income. That's a good thing.

they seem to be buying the crap it takes to send millions of children BACK TO SCHOOL .....

DDDDDDUUUUUUUHHHHHHHH

They seem to have the money. And that's a good thing. Unemployment being the lowest in 18yrs, means more folks working and having more disposable income.

 

[Mr Natural]

They seem to have the money. And that's a good thing. Unemployment being the lowest in 18yrs, means more jobs and more disposable income.

And also the confidence to take on a greater debt load.

 

[AzogtheDefiler]

In other good news, US household debt is up to $13.29 trillion, because most Americans live the same way the government operates, in the red.

The level of U.S. consumer debt was $618 billion higher than the previous peak of $12.68 trillion in the third quarter of 2008. It was 19.2 percent above a post global credit crisis low set in the second quarter of 2013, the New York Fed said.

U.S. household debt rises to $13.3 trillion in second quarter

They seem to have more disposable income. That's a good thing.

If they had more disposable income debt would not be rising. What they have is more debt, not more disposable income

I am curious is this secured or unsecured debt? Thank you.

 

[Siete]

According to the BLS, wages and salaries increased by about 2.7 percent year over year in the first three months of 2018. That’s pretty much in line with inflation. And even as unemployment levels are historically low, worker pay isn’t rising.

It’s not that corporations don’t have more money — it’s that they have no particular reason to give that money to workers.
The Republican tax bill has been a major windfall for corporations and the wealthy.

According to estimates from the Center on Budget and Policy Priorities, the top fifth of earners get 70 percent of the bill’s benefits, and the top 1 percent get 34 percent. The new tax treatment for “pass-through” entities — companies organized as sole proprietorships, partnerships, LLCs, or S corporations — will mean an estimated $17 billion in tax savings for millionaires in 2018. American corporations are showering their shareholders with stock buybacks, thanks in part to their tax savings, and have returned nearly $700 billion to investors this year.

When the tax bill was passed, a number of corporations announced bonuses and investments. Some of those were recycled news, and regardless, while a $1,000 one-time payout is a nice boost, it is not a sustained benefit to workers in the same way a wage increase is.




ALL HAT GLITTERS ISNT GOLD .......

 

[Harpy Eagle]

In other good news, US household debt is up to $13.29 trillion, because most Americans live the same way the government operates, in the red.

The level of U.S. consumer debt was $618 billion higher than the previous peak of $12.68 trillion in the third quarter of 2008. It was 19.2 percent above a post global credit crisis low set in the second quarter of 2013, the New York Fed said.

U.S. household debt rises to $13.3 trillion in second quarter

They seem to have more disposable income. That's a good thing.

If they had more disposable income debt would not be rising. What they have is more debt, not more disposable income

I am curious is this secured or unsecured debt? Thank you.

From the article it seems both since it speaks of credit cards, student loans, auto loans and mortgages.

 

[Dschrute3]

In other good news, US household debt is up to $13.29 trillion, because most Americans live the same way the government operates, in the red.

The level of U.S. consumer debt was $618 billion higher than the previous peak of $12.68 trillion in the third quarter of 2008. It was 19.2 percent above a post global credit crisis low set in the second quarter of 2013, the New York Fed said.

U.S. household debt rises to $13.3 trillion in second quarter

They seem to have more disposable income. That's a good thing.

If they had more disposable income debt would not be rising. What they have is more debt, not more disposable income

I am curious is this secured or unsecured debt? Thank you.

From the article it seems both since it speaks of credit cards, student loans, auto loans and mortgages.

More folks having jobs, means more money being spent back into the Economy. And it looks like that's what's happening. The Debt issue is another issue all-together. You can't control how people choose to spend their money.

 

[Harpy Eagle]

In other good news, US household debt is up to $13.29 trillion, because most Americans live the same way the government operates, in the red.

The level of U.S. consumer debt was $618 billion higher than the previous peak of $12.68 trillion in the third quarter of 2008. It was 19.2 percent above a post global credit crisis low set in the second quarter of 2013, the New York Fed said.

U.S. household debt rises to $13.3 trillion in second quarter

They seem to have more disposable income. That's a good thing.

If they had more disposable income debt would not be rising. What they have is more debt, not more disposable income

I am curious is this secured or unsecured debt? Thank you.

From the article it seems both since it speaks of credit cards, student loans, auto loans and mortgages.

More folks having jobs, means more money being spent back into the Economy. And it looks like that's what's happening. The Debt issue is another issue all-together. You can't control how people choose to spend their money.

Just like debt is a problem for our government, it is a problem for our citizens. The fact that both the government and we as a people are adding debt at a time of an economic boom is not a good, long term phenomenon. All that debt is manageable during a boom like we are in now, but the boom will not last forever.

 

[Dschrute3]

They seem to have more disposable income. That's a good thing.

If they had more disposable income debt would not be rising. What they have is more debt, not more disposable income

I am curious is this secured or unsecured debt? Thank you.

From the article it seems both since it speaks of credit cards, student loans, auto loans and mortgages.

More folks having jobs, means more money being spent back into the Economy. And it looks like that's what's happening. The Debt issue is another issue all-together. You can't control how people choose to spend their money.

Just like debt is a problem for our government, it is a problem for our citizens. The fact that both the government and we as a people are adding debt at a time of an economic boom is not a good, long term phenomenon. All that debt is manageable during a boom like we are in now, but the boom will not last forever.

Again, you can't control how folks choose to spend their money. The Debt issue an entirely different issue.

 

[Harpy Eagle]

If they had more disposable income debt would not be rising. What they have is more debt, not more disposable income

I am curious is this secured or unsecured debt? Thank you.

From the article it seems both since it speaks of credit cards, student loans, auto loans and mortgages.

More folks having jobs, means more money being spent back into the Economy. And it looks like that's what's happening. The Debt issue is another issue all-together. You can't control how people choose to spend their money.

Just like debt is a problem for our government, it is a problem for our citizens. The fact that both the government and we as a people are adding debt at a time of an economic boom is not a good, long term phenomenon. All that debt is manageable during a boom like we are in now, but the boom will not last forever.

Again, you can't control how folks choose to spend their money. The Debt issue an entirely different issue.

Our economy is our economy, you cannot look at bits and pieces and get a true picture, you have to look at the whole. I got a new car, the one I traded in looked great if you were only looking at the tires, but the engine had issues and the cooling system was leaking. What you are doing is looking at the tires and ignoring the rest.

 

[AzogtheDefiler]

They seem to have more disposable income. That's a good thing.

If they had more disposable income debt would not be rising. What they have is more debt, not more disposable income

I am curious is this secured or unsecured debt? Thank you.

From the article it seems both since it speaks of credit cards, student loans, auto loans and mortgages.

More folks having jobs, means more money being spent back into the Economy. And it looks like that's what's happening. The Debt issue is another issue all-together. You can't control how people choose to spend their money.

Just like debt is a problem for our government, it is a problem for our citizens. The fact that both the government and we as a people are adding debt at a time of an economic boom is not a good, long term phenomenon. All that debt is manageable during a boom like we are in now, but the boom will not last forever.

If it is secured debt or tuition I don't have a major problem with it. If it is stupid unsecured debt, I agree with you.

 

[AzogtheDefiler]

In other good news, US household debt is up to $13.29 trillion, because most Americans live the same way the government operates, in the red.

The level of U.S. consumer debt was $618 billion higher than the previous peak of $12.68 trillion in the third quarter of 2008. It was 19.2 percent above a post global credit crisis low set in the second quarter of 2013, the New York Fed said.

U.S. household debt rises to $13.3 trillion in second quarter

They seem to have more disposable income. That's a good thing.

If they had more disposable income debt would not be rising. What they have is more debt, not more disposable income

I am curious is this secured or unsecured debt? Thank you.

From the article it seems both since it speaks of credit cards, student loans, auto loans and mortgages.

More folks having jobs, means more money being spent back into the Economy. And it looks like that's what's happening. The Debt issue is another issue all-together. You can't control how people choose to spend their money.

Love the avatar.

 

[Thinker101]

In other good news, US household debt is up to $13.29 trillion, because most Americans live the same way the government operates, in the red.

The level of U.S. consumer debt was $618 billion higher than the previous peak of $12.68 trillion in the third quarter of 2008. It was 19.2 percent above a post global credit crisis low set in the second quarter of 2013, the New York Fed said.

U.S. household debt rises to $13.3 trillion in second quarter

They seem to have more disposable income. That's a good thing.

If they had more disposable income debt would not be rising. What they have is more debt, not more disposable income

No kidding, didn't realize you were an expert on how people should spend their own money...oh, wait, you're a liberal....never mind.

 

[Harpy Eagle]

In other good news, US household debt is up to $13.29 trillion, because most Americans live the same way the government operates, in the red.

The level of U.S. consumer debt was $618 billion higher than the previous peak of $12.68 trillion in the third quarter of 2008. It was 19.2 percent above a post global credit crisis low set in the second quarter of 2013, the New York Fed said.

U.S. household debt rises to $13.3 trillion in second quarter

They seem to have more disposable income. That's a good thing.

If they had more disposable income debt would not be rising. What they have is more debt, not more disposable income

No kidding, didn't realize you were an expert on how people should spend their own money...oh, wait, you're a liberal....never mind.

No, you are the liberal. I am the one with a brain. Do try and keep up.

 

[Harpy Eagle]

If they had more disposable income debt would not be rising. What they have is more debt, not more disposable income

I am curious is this secured or unsecured debt? Thank you.

From the article it seems both since it speaks of credit cards, student loans, auto loans and mortgages.

More folks having jobs, means more money being spent back into the Economy. And it looks like that's what's happening. The Debt issue is another issue all-together. You can't control how people choose to spend their money.

Just like debt is a problem for our government, it is a problem for our citizens. The fact that both the government and we as a people are adding debt at a time of an economic boom is not a good, long term phenomenon. All that debt is manageable during a boom like we are in now, but the boom will not last forever.

If it is secured debt or tuition I don't have a major problem with it. If it is stupid unsecured debt, I agree with you.

Debt is debt, when something comes crashing down it will not matter what kind it is.