Personal Savings

Originally posted by: tom

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5.3% savings rate in 2017 - Trump economy

 

2.9% now - bidenomics

 

More Bidenomics - credit card delinquencies increasing is a bad thing

Credit card delinquencies surged more than 50% in 2023 as total consumer debt swelled to $17.5 trillion, the New York Fed reported Tuesday.

 

https://www.cnbc.com/2024/02/06/credit-card-delinquencies-surged-in-2023-indicating-financial-stress-new-york-fed-says.html

 

 

Car loan delinquencies increasing also a bad thing

 

Delinquency rates on auto loans rose substantially to above pre-pandemic levels by the end of 2023

 

https://www.federalreserve.gov/econres/notes/feds-notes/rising-auto-loan-delinquencies-and-high-monthly-payments-20240926.html

 

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Originally posted by: tom

---

5.3% savings rate in 2017 - Trump economy

 

2.9% now - bidenomics

 

More Bidenomics - credit card delinquencies increasing is a bad thing

Credit card delinquencies surged more than 50% in 2023 as total consumer debt swelled to $17.5 trillion, the New York Fed reported Tuesday.

 

https://www.cnbc.com/2024/02/06/credit-card-delinquencies-surged-in-2023-indicating-financial-stress-new-york-fed-says.html

 

 

Car loan delinquencies increasing also a bad thing

 

Delinquency rates on auto loans rose substantially to above pre-pandemic levels by the end of 2023

 

https://www.federalreserve.gov/econres/notes/feds-notes/rising-auto-loan-delinquencies-and-high-monthly-payments-20240926.html

 

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Originally posted by: tom

---

5.3% savings rate in 2017 - Trump economy

 

2.9% now - bidenomics

 

More Bidenomics - credit card delinquencies increasing is a bad thing

Credit card delinquencies surged more than 50% in 2023 as total consumer debt swelled to $17.5 trillion, the New York Fed reported Tuesday.

 

https://www.cnbc.com/2024/02/06/credit-card-delinquencies-surged-in-2023-indicating-financial-stress-new-york-fed-says.html

 

 

Car loan delinquencies increasing also a bad thing

 

Delinquency rates on auto loans rose substantially to above pre-pandemic levels by the end of 2023

 

https://www.federalreserve.gov/econres/notes/feds-notes/rising-auto-loan-delinquencies-and-high-monthly-payments-20240926.html

 

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Originally posted by: O2bnVegas

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MP is trying to get the point across that Harris was not/ and still is not the POTUS in the current administration, which includes the year 2021. 

 

It is kinda funny how all of a sudden the 'better' or 'worse' of [name your statistics/issues]  are outcomes of Harris' performance.

 

**Not an endorsement from me of either candidate.  Just an observation.  I'm still waiting for my trusted source to publish their analysis and recommendations, which will come shortly before election day.

 

Plus I almost never give credence to campaign promises..."If elected I will..."  Yeah, sure.

 

Candy   

 

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Originally posted by: O2bnVegas

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MP is trying to get the point across that Harris was not/ and still is not the POTUS in the current administration, which includes the year 2021. 

 

It is kinda funny how all of a sudden the 'better' or 'worse' of [name your statistics/issues]  are outcomes of Harris' performance.

 

**Not an endorsement from me of either candidate.  Just an observation.  I'm still waiting for my trusted source to publish their analysis and recommendations, which will come shortly before election day.

 

Plus I almost never give credence to campaign promises..."If elected I will..."  Yeah, sure.

 

Candy   

 

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