Posted on 12/08/2023 11:32:45 AM PST by davikkm
In a stark reality check, Bloomberg reports that the economic optimism touted by some is falling flat for many American households. The sentiment of being worse off isn’t just a feeling; it’s a harsh truth. According to the Daily Rampart from @ftschuyler, Credit Card Delinquency levels have doubled since the COVID lows, painting a concerning picture of financial strain.
As inflation runs rampant, the impact is palpable even in everyday expenses. A snapshot of what $70 gets you at Walmart is a testament to the escalating costs that consumers are grappling with, highlighting the stark reality of today’s economic landscape.
(Excerpt) Read more at citizenwatchreport.com ...
It was and is a small price to pay for no more mean tweets from the orange bad man.
No price too large or small is enough for the orange man bad no mean tweets crowd.
We've never had it so good.
What did KJP say about Hunter’s felonies that tie him to his corrupt father?
Biden's butt boys in the press and Wall Street are the ones touting "economic optimism" because an election is coming up... and they want Biden and goons to look like they've helped the country.
.....you got that right....! Americans are struggling with high inflation and declining wages, but.....here is some good REALLY good news....!! the Republic is doing well...reports out today indicate that some 51 THOUSAND new gubbermint jobs have been created....while some 35 thousand manufacturing jobs have been lost.....
Have any in the administration come out and said that debt will be easier to pay off with inflated $$$$?
I used to think that. But we have lower revenues. Mark Zandi said the decrease was due to the delay in tax collections from California due to the fires. Still waiting for them to come in enough to show up
We just need higher inflation. Think of the debt you could retire with a billion $ bill.
“ten thousand million new jobs”
I remain unconvinced she could successfully count her fingers and toes.
;-)
In my mind, the report would have been better is there were 51 thousand LESS government jobs.
Don’t worry. Biden will forgive credit card debt next.
Russia, Russia, Russia!
3% inflation - LOLOLOLOLOLOLOLOL!!!!!!!!
“ten thousand million new jobs”
I wonder just how much that is, ‘’10,000, million’’.
Mathematically speaking what kind of equation would arrive at that number? Man, these people are in a whole other world.
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