Economy red hot
- Thread starter sammyk
- Start date
Fingers always moving mouth always yapping but brings zero proof and no numbers. Have a nice day fraud.
If Leftists spent as much time actually supporting creepy Joe Biden & his failed policies as they do personally attacking or smearing Trump he'd be 20 points ahead in the polls instead of trailing Trump by double digits.
So what happened to all of your "record" 81 million votes huh creepy Joe?
Did I ever get that many votes?
You mean you don't remember oh creepy one?
Aw Hell atl, I don't even remember what I had for breakfast this morning!
How dare he? Biden defends loss of memory in defense of special counsel's report
excerpt:
Hur’s report included characterizations of the president’s mental fitness, saying his memory was “significantly limited", both during his recorded interviews with the ghostwriter in 2017, and in his interview with our office in 2023. Hur's report also said "Biden did not remember, even within several years, when his son Beau died".
...more
Later in his remarks, Biden mistakenly referred to Egyptian President Abdel Fattah el-Sissi as the president of Mexico. The flub took place when Biden was answering a question about the Israel-Hamas war, and it was the third time this week he has mixed up heads of state.
Gee wiz creepy Joe, sounds like you don't remember quite a bit according to that interview you screwed up?
Everyone expects me to remember everything... even though I'm a decrepit, worn out, half senile, crusty old codger for God's sake!
No arguments from any of us creepy Joe!
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Sorry for your misinformation. The stock market (since the mid 50’s) has on average, raised 12% each presidential election year. Biden has done nothing to cause this.
Don't apologize for socialists misinformation.....they enjoy it .
Oh they notice it...that's why the old creep is double digits behind Trump in polls on handling the economy!
I'm sure the average blue collar family doesn't notice this at all ...
I notice it and I'm as blue collar as it gets . My young kids gets it and they are just starting out blue collar. Both make a decent living one is a nurse and one is in hvac and both are struggling to do anything extra . My son with no kids don't have it bad but my daughter with two babies is feeling the Bidenomics hard . Thank goodness they both stay away from credit cards .
My oldest Daughter who's a young professional @ 34 and makes in the mid 40's, has been saving for the past 4 years now to buy a house. She's got over 40K saved up, and still can't qualify for a conventional fixed rate mortgage which in the Atlanta metro area is over 7% now. Median price of homes here is well into the 400's!
It's unreal. 20% down on 400K still leaves her over 40K short! She's starting to think unless interest rates or prices come down, she'll never be a homeowner and she's 34! Plus she's paying over 2K a month in rent! This Biden economy is crushing the hopes of young people who want to buy homes & start families.
I don't think that's by "accident" either. 🤔
The U.S. Now Has:
1. Record $17.7 trillion in household debt
2. Record $12.4 trillion in mortgages
3. Record $1.6 trillion in auto loans
4. Near record $1.6 trillion in student loans
5. Near record $1.1 trillion in credit card debt
Total mortgage debt is more than double the 2006 peak and total credit card debt is up ~50% since 2020.
In Q1 2024 alone, ~9% of credit card balances and 8% of auto loans (annualized) transitioned into delinquency.
Higher rates are taking their toll on consumers with record high debt balances.
How much longer can consumers hold on?
1. Record $17.7 trillion in household debt
2. Record $12.4 trillion in mortgages
3. Record $1.6 trillion in auto loans
4. Near record $1.6 trillion in student loans
5. Near record $1.1 trillion in credit card debt
Total mortgage debt is more than double the 2006 peak and total credit card debt is up ~50% since 2020.
In Q1 2024 alone, ~9% of credit card balances and 8% of auto loans (annualized) transitioned into delinquency.
Higher rates are taking their toll on consumers with record high debt balances.
How much longer can consumers hold on?
