Bidenomics Hangover: Late car payments hit highest level in decades

[DonGlock26]

LMAO @ "holdover".

You know tRump/elmo is firing people and killing the economy, tight?

Laying off excess gov't workers? That's a good thing. Excessive gov't spending drove up inflation during Bidenomics.

 

[DonGlock26]

Blah, blah, blah. Bidenomics was a success.

Tell that to the people watching their cars being towed away. Now they have to walk to their three part time Biden jobs.

 

[DonGlock26]

Yet when inevitable global inflation hit just weeks after Biden was sworn in, it was all his fault.

Trumpsters just aren't to be taken seriously. They're loud, but they're ignorant.

What about the excessive federal spending during his term? Did he sign those spending bills?

 

[Mac1958]

What about the excessive federal spending during his term? Did he sign those spending bills?

He sure did. Just like Trump did.

Tell me, since you must know: Exactly how much money was voted on, approved, signed into law, appropriated, planned, actually spent, and circulated through the economy WITHIN JUST A FEW WEEKS to create a GLOBAL inflationary spike?

You'll have to lie, spin and/or bullshit here, so make it a GOOD one.

 

[DonGlock26]

He sure did. Just like Trump did.

Tell me, since you must know: Exactly how much money was voted on, approved, signed into law, appropriated, planned, actually spent, and circulated through the economy WITHIN JUST A FEW WEEKS to create a GLOBAL inflationary spike?

You'll have to lie, spin and/or bullshit here, so make it a GOOD one.

Which spending bill are you speaking of?

 

[Mac1958]

Which spending bill are you speaking of?

All of them. YOU brought it up.

I'll save the bandwidth and answer the question: You don't know. Very little, if any, approved dollars did as I described, and the inflation spike was GLOBAL.

The inflation was inevitable, even if you don't know it.

 

[DonGlock26]

All of them. YOU brought it up.

I'll save the bandwidth and answer the question: You don't know. Very little, if any, approved dollars did as I described, and the inflation spike was GLOBAL.

The inflation was inevitable, even if you don't know it.

Which "GLOBAL inflationary spike" are you speaking of? You seem to be unable to accurately describe what you are asking.

 

[Moonglow]

"Late car payments hit highest level in decades​

Americans are missing their car payments at the highest rate in more than 30 years, data shows.

According to Fitch Ratings, 6.56 percent of subprime auto borrowers were are at least 60 days past due on their loans in January, the most since the agency began collecting the data in 1994.

The findings highlight the financial strain many Americans are feeling, as rising costs and high interest rates make it harder to keep up with their bills.

A recent report from the Federal Reserve Bank of New York also found more borrowers falling behind on their car payments. In the fourth quarter of 2024, the share of auto loans among all borrowers that transitioned into serious delinquency — 90 days or more past due — rose to 3 percent, the highest level since 2010."

Late car payments hit highest level in decades

Americans are falling behind on their monthly car payments at the highest rate in more than 30 years.

thehill.com

Democrats are still shaking their heads and asking themselves why Trump won. This is why. Bidenomics pummeled the working class for four years.

Now it the problem of the Trump economy.

 

[Moonglow]

Laying off excess gov't workers? That's a good thing. Excessive gov't spending drove up inflation during Bidenomics.

But Trump giving away billions didn't hurt the economy or hurt supply lines when he shut down the US during the pandemic

 

[DonGlock26]

But Trump giving away billions didn't hurt the economy or hurt supply lines when he shut down the US during the pandemic

In hind sight, the US should have followed the Swedish example. Biden continued with the lock down for way too long as did Democrat governors. That’s another reason the Democrats lost so spectacularly last November.

 

[DonGlock26]

Now it the problem of the Trump economy.

Yes, Trump will have to undo the damage done by Bidenomics.

 

[Moonglow]

In hind sight, the US should have followed the Swedish example. Biden continued with the lock down for way too long as did Democrat governors. That’s another reason the Democrats lost so spectacularly last November.

They lost due to being outlied by a felon.

 

[Moonglow]

Yes, Trump will have to undo the damage done by Bidenomics.

Trump can't and never will he is only making it worse.

 

[Crepitus]

~~~~~~
Trump hasn't been in office two months yet. So your response is biased at best.

Things were on the way up until tRump's wrecking ball approach started.

 

[Crepitus]

But in reality, personal debt was spiraling, cost of living was crippling many household finances,

And tRump's approach of raising prices and starting trade wars is really gonna help.

 

[eagle1462010]

All of them. YOU brought it up.

I'll save the bandwidth and answer the question: You don't know. Very little, if any, approved dollars did as I described, and the inflation spike was GLOBAL.

The inflation was inevitable, even if you don't know it.

2024 Congressional Pig Book

 

[Crepitus]

Laying off excess gov't workers? That's a good thing. Excessive gov't spending drove up inflation during Bidenomics.

LMAO!! He's deliberately tanking the economy, he has told you he's doing it on purpose, and you still support this nonsense.

 

[Dekster]

"Late car payments hit highest level in decades​

Americans are missing their car payments at the highest rate in more than 30 years, data shows.

According to Fitch Ratings, 6.56 percent of subprime auto borrowers were are at least 60 days past due on their loans in January, the most since the agency began collecting the data in 1994.

The findings highlight the financial strain many Americans are feeling, as rising costs and high interest rates make it harder to keep up with their bills.

A recent report from the Federal Reserve Bank of New York also found more borrowers falling behind on their car payments. In the fourth quarter of 2024, the share of auto loans among all borrowers that transitioned into serious delinquency — 90 days or more past due — rose to 3 percent, the highest level since 2010."

Late car payments hit highest level in decades

Americans are falling behind on their monthly car payments at the highest rate in more than 30 years.

thehill.com

Democrats are still shaking their heads and asking themselves why Trump won. This is why. Bidenomics pummeled the working class for four years.

If 93.44 percent of poor people are still able to make their payments to their loan sharks, the economy is better than I thought.

 

[Nostra]

Blah, blah, blah. Bidenomics was a success.

Link?

 

[Nostra]

LMAO @ "holdover".

You know tRump/elmo is firing people and killing the economy, tight?

How did Trump get people unable to pay their car loans while Tater was in office?

Be specific.