Can Team Biden..
- Thread starter Mdfgator
- Start date
I don’t think there’s much prosperity at the dinner table for the avg middle class family.
The stock market matters but for most people that’s a longer term look at wealth - inflation is squeezing family budgets.
Really? Everyone is getting rich go try and play golf at a rank and file muni course on a Wednesday. Packed. Any restaurant, packed. We are in an inflationary boom. Not my preferred way to be in a boom but a boom none the less. Does it leave some people in the dust? Yep, that’s america it’s hard on people. Competition baby.
How’s credit card debt doing?
People are trying to live their lives like they used to and can’t afford it.
You’re some sort of financial expert but you use restaurants as a data point?
2024 Credit Card Debt Statistics | LendingTree
Americans’ total credit card balance is $1.129 trillion in the fourth quarter of 2023, according to the latest data from the Federal Reserve Bank of New York.
www.lendingtree.com
credit card debt is at a record high fats, here is the thing though, so is everything else!!! debt payments as a percentage of disposable personal income is still at very normal levels. 3% 30 year mortgages are the biggest stimi of all, we are talking trillions upon trillions of NPV. Youre clueless fats, how do you not know that?How’s credit card debt doing?
People are trying to live their lives like they used to and can’t afford it.
You’re some sort of financial expert but you use restaurants as a data point?
2024 Credit Card Debt Statistics | LendingTree
Americans’ total credit card balance is $1.129 trillion in the fourth quarter of 2023, according to the latest data from the Federal Reserve Bank of New York.www.lendingtree.com
Household Debt Service Payments as a Percent of Disposable Personal Income
Graph and download economic data for Household Debt Service Payments as a Percent of Disposable Personal Income (TDSP) from Q1 1980 to Q3 2023 about disposable, payments, debt, personal income, percent, personal, households, services, income, and USA.
fred.stlouisfed.org
you didnt even know when a federal budget was passed, stay in your lane nickel.
Holy crap you’re a communist.credit card debt is at a record high fats, here is the thing though, so is everything else!!! debt payments as a percentage of disposable personal income is still at very normal levels. 3% 30 year mortgages are the biggest stimi of all, we are talking trillions upon trillions of NPV. Youre clueless fats, how do you not know that?
Household Debt Service Payments as a Percent of Disposable Personal Income
Graph and download economic data for Household Debt Service Payments as a Percent of Disposable Personal Income (TDSP) from Q1 1980 to Q3 2023 about disposable, payments, debt, personal income, percent, personal, households, services, income, and USA.fred.stlouisfed.org
you didnt even know when a federal budget was passed, stay in your lane nickel.
First off, you’re making my point and using a data point I provided with CC debt. Why is it so high? Because people can’t pay their bills and still live normal lives. It’s the absolute worst kind of debt to carry.
And low interest rates are good for the little people and bad for the govt and banks…who are clearly your priority.
You can stop saying you don’t “have a side”. You a liberal through and through. You don’t hold one single tenet of Conservatism.
What? All debts are high all wages are high gdp is high net worth all time high shall I go on you bumbling idiot? Its the balance that matters not the absolute numbers moron.
Here we go, I bet you love this. This'll really kick start the economy.
Real wages are not at an all time high.
Average annual real wages U.S. 2022 | Statista
In 2022, the average annual real wages in the United States amounted to 77,463 U.S.
www.statista.com
Quit making things up that are easily disprovable.
It’s meaningless fats, it’s just slogans he won’t do anything curative on taxes. FFS he is using trumps wretched code now!!Here we go, I bet you love this. This'll really kick start the economy.
Fats, I don’t like to keep beating you up. I admire your tenacity, I do. But good lord man, hang up the cleats, you don’t have a clue what you’re talking about.Real wages are not at an all time high.
Average annual real wages U.S. 2022 | Statista
In 2022, the average annual real wages in the United States amounted to 77,463 U.S.
Quit making things up that are easily disprovable.
Here is Liz with some positive mojo sent your way
It’s the socialist way - take from the rich, punish success, give it to the lazy and unsuccessful.
We already have a highly progressive tax code, but it’s never enough for a socialist.
It’s what you vote for. Own it.
Yep, populist tax cuts suck. That’s the legacy of Trump. Tax cuts for people that don’t pay income taxes!!! There is liberal and there is Trump. Lib to the nth degree.
