[ChicagoConservative27]

This makes that January jobs report look bogus.

[ClearCase_guy]

That’s because the January jobs report is bogus.

[PeterPrinciple]

The solution is obvious, more credit cards.

[Leaning Right]

> Credit card debt smashed another record high…<

Let’s hope the average American can connect the dots before it’s too late.

[EEGator]

We’re number one.

[PeterPrinciple]

A thought:

I have rental property, All my Hispanic tenants, pay in cash. They may be on to something.

[dragnet2]

Credit cards = Slavery

[blackdog]

Credit card defaults are the natural progression of student loan forgiveness promises. Like putting bullets in the machine gun and handing it to a monkey.

[Uncle Lonny]

25% interest rate or higher on most credit card debt.

What could go wrong?

[eyeamok]

Bidenomics working as promised

[SaxxonWoods]

‘Record high’ is a meaningless stat by itself. The population is at a record high too, so everything else of this type will naturally follow. There are more billionaires than ever in the USA, as well as more millionaires than ever. There are more cars than ever. There is more money sloshing around than ever.

[Avalon Memories]

Approximately 20 million Americans owe the IRS. That’s in addition to any other debt load they carry. Unless a person is able to pay the IRS off in a lump sum, it is almost impossible to get out from under IRS debt even with a payment arrangement. That’s because the IRS continues to add interest and penalties that often can double or even triple the original principle. Interest and penalties continue to be added even if you have a payment arrangement.

[webheart]

I use a credit card every time I buy anything. I pay the bill multiple times per month. I get a Costco rebate of 400 bucks and Apple Cash 25 bucks a month. I pay my utilities and car insurance with a credit card. If I start carrying a balance to the point where I pay interest I will get rid of the card.

[ComputerGuy]

I’m sure my girls did their part. They live for shopping.

[dynachrome]

I helped, but I pay it off every month.

[FamiliarFace]

One of my kids cleaned up his credit card debt so he and his wife could buy a house. Now they’re in the house, but the CC debt came back. DIL doesn’t seem to know how to stop spending money they don’t have. If they don’t get their act together, I know exactly how this story will end, sadly.

[Zathras]

I took a uber ride today.
Driver was talking about all her customers who were struggling with inflation and job loss.
This never happened under Trump.