...if you look at the amount of consumer debt right now, it's the highest in history. Credit card debt is telling us that people are having to use debt to make ends meet.
Will these numbers be covered the same way they were when it was Biden in office? I seem to remember “the numbers are positive but not THAT positive” when he was around. These are just plain negative.
Every person I know is scared shitless about what these motherfuckering Nazi assholes are going to do to the economy. I am saving my pennies for someday
My spouse and I are well-off and we are concerned about the economy, our jobs, and our future (kids education, retirement, etc.) We are curbing all of our spending.
Keep going!! Stop buying anything!! Crash this shit to the ground! Money is all that matters to those threatening our Democracy!! Hit them where it hurts!!
We bought all our discretionary spending splurges in Dec specifically to not contribute to #47 economic numbers. Will continue to only buy bare essentials
That makes it sound like folks are just slowing down after a spending spree. That's not what's happening. People are scared and are hunkering down. The orange monster is out to make everyone broke and/or dead. No one wants to go shopping.
As I wait to find out if my family will keep its healthcare and access to SPED and DMH services - big ticket and life-altering things that are really on the billionaire chopping block - I will not be buying a thing we don’t absolutely need.
Comments
Tad unsettling tho.
...this was posted 18 hrs ago.
https://www.cnbc.com/2025/02/13/credit-card-debt-hits-record-1point21-trillion-new-york-fed-report-finds.html
https://www.cnn.com/2025/02/14/economy/us-retail-spending-january/index.html
He didn’t say or indicate otherwise.
Really?
Next month it will be ‘consumer pulled back after a busy Valentine’s Day season.’
Find the real story. It’s right in front of you, AP, and it correlates with you being kicked out of pressers
They became oligarchs because we gave them our money.
They remain oligarchs because we still give them our money.
Stop giving them money.
People worry about FOOD and MEDICAL out of reach.
IMHO