Hassett on American consumers: "Credit card spending is through the roof. They're spending more on gasoline, but they're spending more on everything else too."
561 reposts2.3K likes
Hassett on American consumers: "Credit card spending is through the roof. They're spending more on gasoline, but they're spending more on everything else too."
561 reposts2.3K likes
People using credit and depleting their savings is not sustainable. tradingeconomics.com/united-state...
Amazing they believe this reflects consumer confidence and not the increase of prices across the board due to higher fuel cost, which affects all shipped items. Plus, if people are using credit to buy everyday items, that’s not really a good thing. It usually means they don’t have the funds on hand.
Ridiculous take. I was taught to charge no more than what I had in my bank account, to use my credit card wisely to build credit and that the people who benefit my carrying a hefty balance are the bank/credit union. Pushing people to use cards for basic needs is like a drug dealer pushing meth 😡!
Wow. U.S. personal savings rate is at the bottom! This kind of debt is unsustainable. 🛑STOP PROJECT 2025! Trump is bankrupting us!🤬 tradingeconomics.com/country-list... mediabiasfactcheck.com/trading-econ...
He smiles as if enjoying that people are spending up their credit cards to get through the month! 👉Hassett's fake smile is the expression of a pedophile grooming a child. It's like that dude smiling in "Sin City" while he ate her hand and made her watch.😳🖐🦴👀 tenor.com/tSlHvN42yGq....
Apparently, Trump and his enablers haven’t read up on the conditions that led to the French Revolution. The ballroom feels like the affair of the diamond necklace. It wasn’t the cause, but a catalyst of the Revolution. en.wikipedia.org/wiki/Affair_...