MinTrut
Diamond Member
- Jun 7, 2021
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^ Projection.
You can’t be this dense, can you be?
Gipper isn’t a Republican.
He (properly) regards both major criminal cults with distrust and disdain.
But yeah, credit cards.
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^ Projection.
We've already been around and around that issue.Credit cards.
One main reason balances are up is Americans are spending more on nonessentials such as travel and clothing, even as they curb spending in other categories, according to a survey by Morning Consult. Though the majority of people say they are still able to save, a growing share of adults are reporting rising debt levels, the survey showed.
“It doesn’t look sustainable to me,” Kayla Bruun, an analyst at the economic research firm, said of people’s spending habits.
www.msn.com/en-us/money/personalfinance/whats-behind-1-trillion-in-credit-card-balances
Credit card debt surpasses $1 trillion for Americans: NY Fed
Credit card debt increased to a record high in the second quarter as total household debt reached $17.06 trillion. And the Fed’s interest rate hikes to lower inflation could impact what consumers pay for credit. But there are multiple ways to pay off high-interest debt.www.foxbusiness.com
That's not even close to what the topic here is.None so guilty as the elected Congress. Voters give the House not just a "credit card", but a blank check and then don't have the sense to watch what is done with it. A Constitutional revolution could clear out the miscreants every two years, yet very few are even replaced.