Spreading debt bubble devours Trumpland: Fastest-growing debt category in U.S. is not student loans

[Denizen]

The personal debt bubble is growing and devouring Trump's fantasy land as the whole US economy is fueled by debt.

The borrowing public has decided that what is good for the goose is good for the Trumpist.

The growing resort to personal loans may also reflect the fact that living costs are rising faster than wages.

The budget is in deficit by $ 1trillion annually and growing, the Federal debt has grown by ~$ 2.3 trillion since Trump's inauguration.

The economy is fueled by debt which is buying imported foreign goods as the trade deficit is still rising despite being offset by growing oil and gas exports. US manufacturing and investment is down.

Donald Trump's fantasy land economy is a humungous debt bubble waiting for a prick. Is Donald Trump the prick?

The fastest-growing debt category in U.S. is not student loans or credit cards

The fastest-growing debt category in U.S. is not student loans or credit cards
PUBLISHED FRI, NOV 29 20199:16 AM ESTUPDATED FRI, NOV 29 201912:08 PM EST
Janet Alvarez

Personal loans are growing at an 11% annual clip, according to Experian, faster that student loan or credit card balances.

Borrowers with excellent credit can achieve savings by using personal loans for large projects, like home improvement.

Credit card debt can be consolidated into a personal loan, but origination fees, potentially high interest rates and lack of perks make this a less appealing option for borrowers with a lower credit score.

The fastest-growing debt category in U.S. is not student loans or credit cards
It’s the fastest-growing debt category in the country, but if you are thinking student loans or credit cards, you’re wrong.

Personal loan balances now exceed $300 billion, as of the second quarter of this year, according to Experian, a whopping 11% yearly increase. For good reason, too, as personal loans can help to consolidate credit card debt, or make funds available for major projects, such as a home remodeling effort. For many of us, the allure is hard to ignore, but personal loans do differ in some key ways from other types of credit you might use, such as credit cards. It’s important to understand the key differences before signing on the dotted line.

Interest rates vary dramatically
As compared to credit cards, personal loan interest rates can vary much more dramatically, according to research by ValuePenguin. In fact, some borrowers with excellent credit may qualify for loans with interest rates as low as 5% or 6% with some lenders. On the other hand, borrowers with poor credit may encounter rates higher than the average credit card, sometimes exceeding 30%. ...

 

[Toro]

Consumer debt is still well below prior peaks.

 

[007]

And Barry DOUBLED the national debt. Where were you then to bitch about that?

 

[kyzr]

The personal debt bubble is growing and devouring Trump's fantasy land as the whole US economy is fueled by debt.

The borrowing public has decided that what is good for the goose is good for the Trumpist.

The growing resort to personal loans may also reflect the fact that living costs are rising faster than wages.

The budget is in deficit by $ 1trillion annually and growing, the Federal debt has grown by ~$ 2.3 trillion since Trump's inauguration.

The economy is fueled by debt which is buying imported foreign goods as the trade deficit is still rising despite being offset by growing oil and gas exports. US manufacturing and investment is down.

Donald Trump's fantasy land economy is a humungous debt bubble waiting for a prick. Is Donald Trump the prick?

The fastest-growing debt category in U.S. is not student loans or credit cards

The fastest-growing debt category in U.S. is not student loans or credit cards
PUBLISHED FRI, NOV 29 20199:16 AM ESTUPDATED FRI, NOV 29 201912:08 PM EST
Janet Alvarez

Personal loans are growing at an 11% annual clip, according to Experian, faster that student loan or credit card balances.

Borrowers with excellent credit can achieve savings by using personal loans for large projects, like home improvement.

Credit card debt can be consolidated into a personal loan, but origination fees, potentially high interest rates and lack of perks make this a less appealing option for borrowers with a lower credit score.

The fastest-growing debt category in U.S. is not student loans or credit cards
It’s the fastest-growing debt category in the country, but if you are thinking student loans or credit cards, you’re wrong.

Personal loan balances now exceed $300 billion, as of the second quarter of this year, according to Experian, a whopping 11% yearly increase. For good reason, too, as personal loans can help to consolidate credit card debt, or make funds available for major projects, such as a home remodeling effort. For many of us, the allure is hard to ignore, but personal loans do differ in some key ways from other types of credit you might use, such as credit cards. It’s important to understand the key differences before signing on the dotted line.

Interest rates vary dramatically
As compared to credit cards, personal loan interest rates can vary much more dramatically, according to research by ValuePenguin. In fact, some borrowers with excellent credit may qualify for loans with interest rates as low as 5% or 6% with some lenders. On the other hand, borrowers with poor credit may encounter rates higher than the average credit card, sometimes exceeding 30%. ...

The democrat House writes the Budget, so WTF is Nancy and the democrats doing about the budget deficit? <nothing but making it bigger>

 

[Harpy Eagle]

Consumer debt is still well below prior peaks.

Wrong again...at least you are consistent.

 

[Harpy Eagle]

The democrat House writes the Budget, so WTF is Nancy and the democrats doing about the budget deficit? <nothing but making it bigger>

So, the Repub house was responsible for 6 trillion of the 9 trillion that was added under Obama?

Weird how you never correct all those people that blame Obama for doubling the debt, you know like the post right above yours. And not only do you not correct him, you actually agreed with him.

It is almost as if you are nothing but another mindless partisan sheep

 

[Harpy Eagle]

The personal debt bubble is growing and devouring Trump's fantasy land as the whole US economy is fueled by debt.

The borrowing public has decided that what is good for the goose is good for the Trumpist.

The growing resort to personal loans may also reflect the fact that living costs are rising faster than wages.

The budget is in deficit by $ 1trillion annually and growing, the Federal debt has grown by ~$ 2.3 trillion since Trump's inauguration.

The economy is fueled by debt which is buying imported foreign goods as the trade deficit is still rising despite being offset by growing oil and gas exports. US manufacturing and investment is down.

Donald Trump's fantasy land economy is a humungous debt bubble waiting for a prick. Is Donald Trump the prick?

The fastest-growing debt category in U.S. is not student loans or credit cards

The fastest-growing debt category in U.S. is not student loans or credit cards
PUBLISHED FRI, NOV 29 20199:16 AM ESTUPDATED FRI, NOV 29 201912:08 PM EST
Janet Alvarez

Personal loans are growing at an 11% annual clip, according to Experian, faster that student loan or credit card balances.

Borrowers with excellent credit can achieve savings by using personal loans for large projects, like home improvement.

Credit card debt can be consolidated into a personal loan, but origination fees, potentially high interest rates and lack of perks make this a less appealing option for borrowers with a lower credit score.

The fastest-growing debt category in U.S. is not student loans or credit cards
It’s the fastest-growing debt category in the country, but if you are thinking student loans or credit cards, you’re wrong.

Personal loan balances now exceed $300 billion, as of the second quarter of this year, according to Experian, a whopping 11% yearly increase. For good reason, too, as personal loans can help to consolidate credit card debt, or make funds available for major projects, such as a home remodeling effort. For many of us, the allure is hard to ignore, but personal loans do differ in some key ways from other types of credit you might use, such as credit cards. It’s important to understand the key differences before signing on the dotted line.

Interest rates vary dramatically
As compared to credit cards, personal loan interest rates can vary much more dramatically, according to research by ValuePenguin. In fact, some borrowers with excellent credit may qualify for loans with interest rates as low as 5% or 6% with some lenders. On the other hand, borrowers with poor credit may encounter rates higher than the average credit card, sometimes exceeding 30%. ...

Your numbers are off. We have added 3.129 trillion to the debt since Trump's inauguration

 

[Andylusion]

The personal debt bubble is growing and devouring Trump's fantasy land as the whole US economy is fueled by debt.

The borrowing public has decided that what is good for the goose is good for the Trumpist.

The growing resort to personal loans may also reflect the fact that living costs are rising faster than wages.

The budget is in deficit by $ 1trillion annually and growing, the Federal debt has grown by ~$ 2.3 trillion since Trump's inauguration.

The economy is fueled by debt which is buying imported foreign goods as the trade deficit is still rising despite being offset by growing oil and gas exports. US manufacturing and investment is down.

Donald Trump's fantasy land economy is a humungous debt bubble waiting for a prick. Is Donald Trump the prick?

The fastest-growing debt category in U.S. is not student loans or credit cards

The fastest-growing debt category in U.S. is not student loans or credit cards
PUBLISHED FRI, NOV 29 20199:16 AM ESTUPDATED FRI, NOV 29 201912:08 PM EST
Janet Alvarez

Personal loans are growing at an 11% annual clip, according to Experian, faster that student loan or credit card balances.

Borrowers with excellent credit can achieve savings by using personal loans for large projects, like home improvement.

Credit card debt can be consolidated into a personal loan, but origination fees, potentially high interest rates and lack of perks make this a less appealing option for borrowers with a lower credit score.

The fastest-growing debt category in U.S. is not student loans or credit cards
It’s the fastest-growing debt category in the country, but if you are thinking student loans or credit cards, you’re wrong.

Personal loan balances now exceed $300 billion, as of the second quarter of this year, according to Experian, a whopping 11% yearly increase. For good reason, too, as personal loans can help to consolidate credit card debt, or make funds available for major projects, such as a home remodeling effort. For many of us, the allure is hard to ignore, but personal loans do differ in some key ways from other types of credit you might use, such as credit cards. It’s important to understand the key differences before signing on the dotted line.

Interest rates vary dramatically
As compared to credit cards, personal loan interest rates can vary much more dramatically, according to research by ValuePenguin. In fact, some borrowers with excellent credit may qualify for loans with interest rates as low as 5% or 6% with some lenders. On the other hand, borrowers with poor credit may encounter rates higher than the average credit card, sometimes exceeding 30%. ...

This is ridiculous. If people are borrowing too much, then the problem is they are borrowing too much. Has nothing to do with the economy.

I have no degree, no certs, no trade skills. Despite that, I have no debt, and haven't had debt for almost 10 years now. I'm an hourly worker.

You want to know how to do that? Spend less than you make. If a low-wage worker like me can do that, anyone can.

Has nothing to do with the economy, or cost of living, or wage growth.

And honestly if your cost of living is higher than your wage, then the problem is in your mirror. Either get a second job, get a better job, or stop spending so much.

Doesn't matter what president is in office, if you are irresponsible with your money.

 

[Andylusion]

The democrat House writes the Budget, so WTF is Nancy and the democrats doing about the budget deficit? <nothing but making it bigger>

So, the Repub house was responsible for 6 trillion of the 9 trillion that was added under Obama?

Weird how you never correct all those people that blame Obama for doubling the debt, you know like the post right above yours. And not only do you not correct him, you actually agreed with him.

It is almost as if you are nothing but another mindless partisan sheep

Make up your mind on whether deficits are bad. Before Obama, the biggest deficit was $400 Billion. For the first 3 years of Obama's presidency, he was blowing $1.3 Trillion dollar deficits.

Now you have Trump, and magically deficits are bad? You have no credibility. If deficits are bad, where were you people when Obama was blowing the nation debt up? You didn't care then, did you? Because you liked Obama.

Now Trump is acting like Obama on deficits, and you want to pretend it is bad now? Why wasn't it bad then? You guys are just hypocrites.

 

[Harpy Eagle]

Make up your mind on whether deficits are bad. Before Obama, the biggest deficit was $400 Billion. For the first 3 years of Obama's presidency, he was blowing $1.3 Trillion dollar deficits.

Now you have Trump, and magically deficits are bad? You have no credibility. If deficits are bad, where were you people when Obama was blowing the nation debt up? You didn't care then, did you? Because you liked Obama.

Now Trump is acting like Obama on deficits, and you want to pretend it is bad now? Why wasn't it bad then? You guys are just hypocrites.

Deficits were bad under Obama also, one of the reasons I rank him as the 2nd worst POTUS ever. I have been preaching agasint deficit spending since the days of Reagan.

So, yes I did care then (and no I did not like Obama) and I care now. It is people like you that are the hypocrites, people that cared when it was Obama but changed their values as soon as an (R) got back into the White House.

 

[Denizen]

And Barry DOUBLED the national debt. Where were you then to bitch about that?

At the current rate of debt growth, Donald Trump will increase the federal debt by >50% (~$10 trillion) if he serves 8 years. That is if interest rates don't jump and render the debt unpayable.

Currently, the federal deficit and the debt growth >$ 1 trillion/y are rising at about double the GDP growth 1.9%, $0.41 trillion/y which is unsustainable.

It is not surprising there is negligible tangible wage growth.

 

[Denizen]

The personal debt bubble is growing and devouring Trump's fantasy land as the whole US economy is fueled by debt.

The borrowing public has decided that what is good for the goose is good for the Trumpist.

The growing resort to personal loans may also reflect the fact that living costs are rising faster than wages.

The budget is in deficit by $ 1trillion annually and growing, the Federal debt has grown by ~$ 2.3 trillion since Trump's inauguration.

The economy is fueled by debt which is buying imported foreign goods as the trade deficit is still rising despite being offset by growing oil and gas exports. US manufacturing and investment is down.

Donald Trump's fantasy land economy is a humungous debt bubble waiting for a prick. Is Donald Trump the prick?

The fastest-growing debt category in U.S. is not student loans or credit cards

The fastest-growing debt category in U.S. is not student loans or credit cards
PUBLISHED FRI, NOV 29 20199:16 AM ESTUPDATED FRI, NOV 29 201912:08 PM EST
Janet Alvarez

Personal loans are growing at an 11% annual clip, according to Experian, faster that student loan or credit card balances.

Borrowers with excellent credit can achieve savings by using personal loans for large projects, like home improvement.

Credit card debt can be consolidated into a personal loan, but origination fees, potentially high interest rates and lack of perks make this a less appealing option for borrowers with a lower credit score.

The fastest-growing debt category in U.S. is not student loans or credit cards
It’s the fastest-growing debt category in the country, but if you are thinking student loans or credit cards, you’re wrong.

Personal loan balances now exceed $300 billion, as of the second quarter of this year, according to Experian, a whopping 11% yearly increase. For good reason, too, as personal loans can help to consolidate credit card debt, or make funds available for major projects, such as a home remodeling effort. For many of us, the allure is hard to ignore, but personal loans do differ in some key ways from other types of credit you might use, such as credit cards. It’s important to understand the key differences before signing on the dotted line.

Interest rates vary dramatically
As compared to credit cards, personal loan interest rates can vary much more dramatically, according to research by ValuePenguin. In fact, some borrowers with excellent credit may qualify for loans with interest rates as low as 5% or 6% with some lenders. On the other hand, borrowers with poor credit may encounter rates higher than the average credit card, sometimes exceeding 30%. ...

The democrat House writes the Budget, so WTF is Nancy and the democrats doing about the budget deficit? <nothing but making it bigger>

Trump cut taxes for the wealthy which has had a big effect on tax revenue.

 

[kyzr]

The democrat House writes the Budget, so WTF is Nancy and the democrats doing about the budget deficit? <nothing but making it bigger>

So, the Repub house was responsible for 6 trillion of the 9 trillion that was added under Obama?

Weird how you never correct all those people that blame Obama for doubling the debt, you know like the post right above yours. And not only do you not correct him, you actually agreed with him.

It is almost as if you are nothing but another mindless partisan sheep

Accepting your numbers that Ryan and the GOP House "deficit spent" to get the US out of the "Great Recession", there is no excuse for such a huge deficit now when the economy is screaming hot. After all, aren't the democrat candidates all running on making the wealthy pay their "fair share"? You aren't defending the House's irresponsibility for adding to the Debt when there is no excuse for doing so.
From the OP:
"The budget is in deficit by $ 1trillion annually and growing, the Federal debt has grown by ~$ 2.3 trillion since Trump's inauguration."

p.s. when I don't comment on a post don't put words in my mouth coxucker, I did not have to comment on the fact that Obama "doubled" the Debt, from $10.5T to $20T.
U.S. National Debt Hits Record $22 Trillion
"The national debt nearly doubled under Obama: It was $10.6 trillion when he took office and was nearly $20 trillion when he left."

 

[Harpy Eagle]

Accepting your numbers that Ryan and the GOP House "deficit spent" to get the US out of the "Great Recession", there is no excuse for such a huge deficit now when the economy is screaming hot. After all, aren't the democrat candidates all running on making the wealthy pay their "fair share"? You aren't defending the House's irresponsibility for adding to the Debt when there is no excuse for doing so.
From the OP:
"The budget is in deficit by $ 1trillion annually and growing, the Federal debt has grown by ~$ 2.3 trillion since Trump's inauguration."

I agree there is no excuse, so why did Trump and the GOP House add 2 trillion to the national debt prior to the Dems taking the House back in 2019?

p.s. when I don't comment on a post don't put words in my mouth coxucker, I did not have to comment on the fact that Obama "doubled" the Debt, from $10.5T to $20T.
U.S. National Debt Hits Record $22 Trillion
"The national debt nearly doubled under Obama: It was $10.6 trillion when he took office and was nearly $20 trillion when he left."

I did not put words in your mouth, you hit the "agree" button. Also according to you the POUTS is not responsible, at least not when Trump is the POTUS. Your double standard is what makes you a mindless partisan sheep. You cannot even keep your story straight in the same damn thread.

 

[kyzr]

The personal debt bubble is growing and devouring Trump's fantasy land as the whole US economy is fueled by debt.

The borrowing public has decided that what is good for the goose is good for the Trumpist.

The growing resort to personal loans may also reflect the fact that living costs are rising faster than wages.

The budget is in deficit by $ 1trillion annually and growing, the Federal debt has grown by ~$ 2.3 trillion since Trump's inauguration.

The economy is fueled by debt which is buying imported foreign goods as the trade deficit is still rising despite being offset by growing oil and gas exports. US manufacturing and investment is down.

Donald Trump's fantasy land economy is a humungous debt bubble waiting for a prick. Is Donald Trump the prick?

The fastest-growing debt category in U.S. is not student loans or credit cards

The fastest-growing debt category in U.S. is not student loans or credit cards
PUBLISHED FRI, NOV 29 20199:16 AM ESTUPDATED FRI, NOV 29 201912:08 PM EST
Janet Alvarez

Personal loans are growing at an 11% annual clip, according to Experian, faster that student loan or credit card balances.

Borrowers with excellent credit can achieve savings by using personal loans for large projects, like home improvement.

Credit card debt can be consolidated into a personal loan, but origination fees, potentially high interest rates and lack of perks make this a less appealing option for borrowers with a lower credit score.

The fastest-growing debt category in U.S. is not student loans or credit cards
It’s the fastest-growing debt category in the country, but if you are thinking student loans or credit cards, you’re wrong.

Personal loan balances now exceed $300 billion, as of the second quarter of this year, according to Experian, a whopping 11% yearly increase. For good reason, too, as personal loans can help to consolidate credit card debt, or make funds available for major projects, such as a home remodeling effort. For many of us, the allure is hard to ignore, but personal loans do differ in some key ways from other types of credit you might use, such as credit cards. It’s important to understand the key differences before signing on the dotted line.

Interest rates vary dramatically
As compared to credit cards, personal loan interest rates can vary much more dramatically, according to research by ValuePenguin. In fact, some borrowers with excellent credit may qualify for loans with interest rates as low as 5% or 6% with some lenders. On the other hand, borrowers with poor credit may encounter rates higher than the average credit card, sometimes exceeding 30%. ...

The democrat House writes the Budget, so WTF is Nancy and the democrats doing about the budget deficit? <nothing but making it bigger>

Trump cut taxes for the wealthy which has had a big effect on tax revenue.

I agree 100% that the GOP should NOT have cut taxes on the top rate.
The other cuts, fine, but not the top rate.

Here are recommendations to cut spending and raise revenue to start paying down the $23T Debt

A. Hire another "Grace Commission" to audit and fix the Federal budget deficit

B. B. Cut Spending: [CUT $625b a year]
1. Cut defense to 2017 levels of $600b until the Debt is reduced, saving $150b
2. Cut foreign aid $55b (until Debt is paid we can't borrow to give money away)
3. Cut Welfare $200b & Medicaid $200b (about half)
4. Cut education $20b (state responsibility)

C. To cover the $900b budget deficit the following taxes need to be raised:
1. Raise the top tax rate about 7% above 2016 levels +$400b
2. Implement a new 3% Fed sales tax (aka VAT) +$400b
3. Implement a new transaction tax on all stocks & bonds Impose a Tax on Financial Transactions | Congressional Budget Office +$100b
4. Implement a new remittances tax/fee on all money sent out of the US https://www.americanthinker.com/articles/2018/05/tax_remittances_can_build_the_wall.html 2% of $140b is +$3b a year

D. Reform entitlements, Medicare & Social Security, currently projected to be insolvent:

 

[kyzr]

Accepting your numbers that Ryan and the GOP House "deficit spent" to get the US out of the "Great Recession", there is no excuse for such a huge deficit now when the economy is screaming hot. After all, aren't the democrat candidates all running on making the wealthy pay their "fair share"? You aren't defending the House's irresponsibility for adding to the Debt when there is no excuse for doing so.
From the OP:
"The budget is in deficit by $ 1trillion annually and growing, the Federal debt has grown by ~$ 2.3 trillion since Trump's inauguration."

I agree there is no excuse, so why did Trump and the GOP House add 2 trillion to the national debt prior to the Dems taking the House back in 2019?

p.s. when I don't comment on a post don't put words in my mouth coxucker, I did not have to comment on the fact that Obama "doubled" the Debt, from $10.5T to $20T.
U.S. National Debt Hits Record $22 Trillion
"The national debt nearly doubled under Obama: It was $10.6 trillion when he took office and was nearly $20 trillion when he left."

I did not put words in your mouth, you hit the "agree" button. Also according to you the POUTS is not responsible, at least not when Trump is the POTUS. Your double standard is what makes you a mindless partisan sheep. You cannot even keep your story straight in the same damn thread.

View attachment 292573

1. We agree that the GOP fucked up with the goofy "assumption" that the top rate tax cut would grow the economy 3% or more to cut the deficit, i.e. "pay for itself". They always say that, and it never happens. Please see my post #15 for my proposed solution to the budget deficit crisis.
2. Yes I "agreed" with the post that said that Obama doubled the Debt in his 8-years. I provided a link proving it in post #13. I don't see where I give the POTUS a pass on the budget deficit? Trump and Obama both signed their Budgets. I do put more blame on Trump for the recent tax cuts, he ran on raising the top tax rate.
3. My main point still remains. Why haven't the House democrats tried to address the budget deficit? They could do "tax reform" of some sort, nothing but crickets...

 

[gipper]

The personal debt bubble is growing and devouring Trump's fantasy land as the whole US economy is fueled by debt.

The borrowing public has decided that what is good for the goose is good for the Trumpist.

The growing resort to personal loans may also reflect the fact that living costs are rising faster than wages.

The budget is in deficit by $ 1trillion annually and growing, the Federal debt has grown by ~$ 2.3 trillion since Trump's inauguration.

The economy is fueled by debt which is buying imported foreign goods as the trade deficit is still rising despite being offset by growing oil and gas exports. US manufacturing and investment is down.

Donald Trump's fantasy land economy is a humungous debt bubble waiting for a prick. Is Donald Trump the prick?

The fastest-growing debt category in U.S. is not student loans or credit cards

The fastest-growing debt category in U.S. is not student loans or credit cards
PUBLISHED FRI, NOV 29 20199:16 AM ESTUPDATED FRI, NOV 29 201912:08 PM EST
Janet Alvarez

Personal loans are growing at an 11% annual clip, according to Experian, faster that student loan or credit card balances.

Borrowers with excellent credit can achieve savings by using personal loans for large projects, like home improvement.

Credit card debt can be consolidated into a personal loan, but origination fees, potentially high interest rates and lack of perks make this a less appealing option for borrowers with a lower credit score.

The fastest-growing debt category in U.S. is not student loans or credit cards
It’s the fastest-growing debt category in the country, but if you are thinking student loans or credit cards, you’re wrong.

Personal loan balances now exceed $300 billion, as of the second quarter of this year, according to Experian, a whopping 11% yearly increase. For good reason, too, as personal loans can help to consolidate credit card debt, or make funds available for major projects, such as a home remodeling effort. For many of us, the allure is hard to ignore, but personal loans do differ in some key ways from other types of credit you might use, such as credit cards. It’s important to understand the key differences before signing on the dotted line.

Interest rates vary dramatically
As compared to credit cards, personal loan interest rates can vary much more dramatically, according to research by ValuePenguin. In fact, some borrowers with excellent credit may qualify for loans with interest rates as low as 5% or 6% with some lenders. On the other hand, borrowers with poor credit may encounter rates higher than the average credit card, sometimes exceeding 30%. ...

This is ridiculous. If people are borrowing too much, then the problem is they are borrowing too much. Has nothing to do with the economy.

I have no degree, no certs, no trade skills. Despite that, I have no debt, and haven't had debt for almost 10 years now. I'm an hourly worker.

You want to know how to do that? Spend less than you make. If a low-wage worker like me can do that, anyone can.

Has nothing to do with the economy, or cost of living, or wage growth.

And honestly if your cost of living is higher than your wage, then the problem is in your mirror. Either get a second job, get a better job, or stop spending so much.

Doesn't matter what president is in office, if you are irresponsible with your money.

To some people, everything wrong in the country is Trump’s fault. The MSM feeds them propaganda very day and they gladly lap it up.

 

[eagle1462010]

Unfunded Liabilities are the ELEPHANT in the Room..........and there is no way to pay for it.........NONE.

Tackling this problem would require SEVERE CHANGES that NO POLITICIAN either side would dare tackle...........They KNOW that it is a roller coaster ride that in the end........has no tracks.........

Enjoy the Ride............doesn't end well........unless you are with the end crowd that have parachutes..........

 

[eagle1462010]

 

[eagle1462010]