the Turd slashed government revenues in half,
Another kevin lie
the Turd slashed government revenues in half,
Another kevin lie
Originally posted by: tom
the Turd slashed government revenues in half,
Another kevin lie
That's what he did. Were you asleep in 2018? Or maybe, you read one of your "sources" that told you that Trump made a genius move and tripled government revenues?
Ahh, I forgot to add one keyword to the headline:
PINNED!
I'm still waiting, and I'll keep this up near the top for a while longer.
Originally posted by: Kevin Lewis
That's what he did. Were you asleep in 2018? Or maybe, you read one of your "sources" that told you that Trump made a genius move and tripled government revenues?
How do you know when kevin is lying - his mouth moves as he types
https://www.statista.com/statistics/200405/receipts-of-the-us-government-since-fiscal-year-2000/
Christmas spending was up 3.1% this year; about the rate of inflation. No real growth.
A LendingTree holiday debt survey found that more than a third (35%) of Americans took on debt to pay for their holiday purchases in 2022. Consumers accumulated $1,549 in debt on average, up 24% from $1,249 in 2021.
More than a third (37%) of survey respondents said they expect to take five months or more to pay off their debt, an increase from 28% in 2021.
Credit card debt continues to climb. At some point the consumer's credit cards will tap out.
https://www.newyorkfed.org/microeconomics/hhdc
Originally posted by: tom
Christmas spending was up 3.1% this year; about the rate of inflation. No real growth.
A LendingTree holiday debt survey found that more than a third (35%) of Americans took on debt to pay for their holiday purchases in 2022. Consumers accumulated $1,549 in debt on average, up 24% from $1,249 in 2021.
More than a third (37%) of survey respondents said they expect to take five months or more to pay off their debt, an increase from 28% in 2021.
Credit card debt continues to climb. At some point the consumer's credit cards will tap out.
https://www.newyorkfed.org/microeconomics/hhdc
So, Christmas spending was about the same.
EEEEEEEK! WHINE WHINE WHINE!
People owe more on their credit cards. Stupid Tom thinks that debt limits will never be raised in response.
EEEEEEEK! WHINE WHINE WHINE!
Stupid fucking Tommie-poo.
Originally posted by: Kevin Lewis
So, Christmas spending was about the same.
EEEEEEEK! WHINE WHINE WHINE!
People owe more on their credit cards. Stupid Tom thinks that debt limits will never be raised in response.
EEEEEEEK! WHINE WHINE WHINE!
Stupid fucking Tommie-poo.
So it is OK as long as people have their debt limit raised, Kevin?
There is no guarantee that people's debt limit will be raised. As their debt increases; their credit score goes down; making them a bigger risk & less likely to get a loan or an increase.
Consumer debt defaults are increasing & are at their highest levels in over a decade. Consumer loans are over 5% & credit card defaults are 4%
https://www.washingtonpost.com/business/2023/08/30/delinquencies-credit-auto-loans/
So tom, which G-7 has a better economy?
I'm still waiting.
Joe Biden broke the supply chain
Joe Biden doubled the price of eggs
Mothers cant get baby formula !
Gasoline prices are high.
inflation is out of control
wages arent keeping up with inflation.
Recession is imminent.
Except all of that is yesterday's crybaby rants which now dont hold water because they have been resolved in Joe Biden's economy.
So now Tom has to move his goal posts for the 10th time and give us new crybaby rants. Now its..uh.....credit card defaults. Hey - it holds more water than his "vacation days" bullshit.
