Results for: consumer debt

After Greenlighting Student Loan Debt Relief by Georgia Court, Missouri Judge Blocks It Again
https://pjmedia.com/rick-moran/2024/10/04/after-greenlightin…ief-by-georgia-court-missouri-judge-blocks-it-again-n4933064
– It was a busy two days on the student loan debt relief front. … On Wednesday, one federal court in Georgia allowed Biden's $73 billion scheme to magically wipe out debt to move forward after removing … “Allowing Defendants to eliminate the student loan debt at issue here would prevent this Court, the U.S.…
WHOA: Even MSNBC Just Admitted the Biden-Harris Economy Is in Trouble
https://pjmedia.com/vodkapundit/2024/09/19/whoa-even-msnbc-just-admitted-the-biden-harris-economy-is-in-trouble-n4932675
– Shares of consumer-lending companies slid this past week after executives raised warnings about lower-income borrowers who are struggling … Credit card debt is at record highs. Delinquencies are on the rise, too — for housing, autos, and credit cards.…
That’s Trudeau for You
https://pjmedia.com/david-solway-2/2024/09/19/thats-trudeau-for-you-n4932662
– industry with the vengeful surcharge, adding approximately $10,000 in annual operating costs per truck, an expense passed on to the consumer … climate one discernible jot, though it will serve to impoverish the people and place future generations under a crushing burden of debt
Is the Federal Reserve Cutting Interest Rates Too Soon?
https://pjmedia.com/rick-moran/2024/08/23/is-the-federal-reserve-cutting-interest-rates-too-soon-n4931925
– That’s because lower borrowing costs will provide relief for the housing market and boost share prices, with corporate debt costs set …  “I see a strong consumer,” said Michael Strain, director of economic policy studies at the conservative American Enterprise Institut…
The Biden-Harris Economy Has Made Americans Poorer and Fearful of the Future
https://pjmedia.com/rick-moran/2024/08/16/the-biden-harris-e…has-made-americans-poorer-and-fearful-of-the-future-n4931707
– Wall Street Journal:The handouts discouraged the unemployed from returning to work and fueled consumer spending, which was already … also boosted food stamps, expanded eligibility for ObamaCare subsidies and waved away hundreds of billions of dollars in student debt
The Election Is Coming! It’s Time for Biden to Raid the Strategic Petroleum Reserve!
https://pjmedia.com/matt-margolis/2024/05/22/the-election-is…e-for-biden-to-raid-the-strategic-petroleum-reserve-n4929229
– after making similar allegations about Biden’s attempt to forgive hundreds of billions of dollars in federally owned student loan debt … Overall consumer costs have climbed 20%, which, of course, is a problem for his reelection campaign.…
Trump Needs to Make a Cap on Credit Card Interest Rates a Top Campaign Issue
https://pjmedia.com/gregbyrnes/2024/05/14/trump-needs-to-make-credit-card-companies-a-top-issue-n4929022
– The worst form of debt is credit card debt. It is easier to put the plastic down than fork over the green. … The power of compound interest on that debt is ignored. … could lift the cross of debt from millions of Americans.…
'Make Government Work'
https://pjmedia.com/john-stossel/2024/05/01/make-government-work-n4928660
– chaos at the border, our military's botched withdrawal from Afghanistan, the rising cost of living, our unsustainable record-high debt … I learned that as a consumer reporter watching bureaucrats regulate business. …         "With a free market," Stringham replies, "The consumer votes every single day with the dollar.…
Credit Card Delinquencies Hit All-Time High, So Biden Caps Late Fees
https://pjmedia.com/rick-moran/2024/04/12/credit-card-delinquencies-hit-all-timer-high-so-biden-caps-late-fees-n4928127
–  If people are carrying debt to compensate for steeper prices, they could end up paying more for items in the long run. … and $8,124 in interest to pay off the debt making the minimum payments. … And if you can't pay your bill on time, perhaps you've taken on too much debt and whose fault is that?…
Joe Did That: Inflation Costs Americans an Extra $1K Monthly
https://pjmedia.com/catherinesalgado/2024/04/12/joe-did-that-inflation-costs-americans-1k-extra-monthly-n4928137
– Workers Say Inflation Outpaced IncomeThe Consumer Price Index (CPI), which measures the costs of what is supposed to be a representative … Inflation is causing Americans to use up savings and increasingly rack up credit card debt to meet expenses, a situation that is both … risky and unsustainable.Related: Trucker Warns That the Biden Administration Is Destroying a Vital IndustryCredit card debt in…
Bidenflation Is Even Worse Than You Think
https://pjmedia.com/chris-queen/2024/03/13/bidenflation-is-even-worse-than-you-think-n4927264
– the White House is using to try to convince us that everything is fine.The federal government's measure of price increases, the Consumer … Millions of Americans are taking second jobs, and retirees are reentering the workforce.Worst of all, credit card debt is skyrocketing … A February report from RealClearPolitics indicated that credit card debt has ballooned to over $1 trillion nationally, a significant…
Bidenomics Strikes Again
https://pjmedia.com/matt-margolis/2024/02/06/bidenomics-credit-card-delinquencies-surged-in-2023-n4926173
– According to the New York Federal Reserve, credit card delinquencies surged more than 50% in 2023, total consumer debt skyrocketed … With a total of $1.13 trillion in debt, credit card debt that moved into serious delinquency amounted to 6.4% in the fourth quarter … In November, experts warned of a looming credit card debt crisis as consumer spending was likely being financed by credit cards.…
San Fran Store That Inspired ‘Toy Story’ Closes Amid Inflation, Crime
https://pjmedia.com/catherinesalgado/2024/02/02/san-fran-sto…that-inspired-toy-story-closes-amid-inflation-crime-n4926077
– store wrote, according to the Washington Post, that “perils and violence of the downtown environment, inflation, the decrease in consumer … The Government Is Just Adding Debt.…
Biden Cancels $5 Billion More in Student Loan Debt. How Is He Getting Away With It?
https://pjmedia.com/rick-moran/2024/01/19/biden-cancels-5-bi…in-student-loan-debt-how-is-he-getting-away-with-it-n4925658
– Last year, Joe Biden came up with the most grandiose debt forgiveness plan in American history. … How "modest" is the "modest adjustment" of $137 billion in debt relief? … The authority to forgive that much debt doesn't exist. Biden just pulled it out of thin air.…
Economist: 2024 Will See ‘Biggest Single Crash’ of Our Lifetime
https://pjmedia.com/catherinesalgado/2023/12/21/economist-2024-will-see-biggest-single-crash-of-our-lifetime-n4924916
– But it’s undeniable that America is deeply in debt, over-printing money, and, under Biden, laboring under disastrous economic and financial … It's going to bring down a lot of consumer price inflation, and especially housing.”…
40 Percent of Student Loan Debtors Missed Their First Payment in October
https://pjmedia.com/rick-moran/2023/12/16/40-percent-of-stud…loan-debtors-missed-their-first-payment-in-october-n4924799
– some are surely hoping that they won't have to pay a dime given the administration's efforts to end $1 trillion in student loan debt … Biden is trying to come up with a scheme to get rid of the debt owed by about 22 million borrowers. … That is, until the next round of student debt begins to crush borrowers.…
The China Trap (And Ours)
https://pjmedia.com/vodkapundit/2023/12/11/the-china-trap-and-ours-n4924654
– running into some of the same barriers to growth as Western countries... an aging population, slowing workforce growth, [and] rising debt … Chinese savings and eagerness to export cheap consumer goods financed the illusory happy times we've enjoyed in between our various … college kids whose access to easy credit made it seem like a good idea to pursue low-reward degrees while generating high amounts of debt
Politicians and Technological Complexity
https://pjmedia.com/richard-fernandez/2023/08/04/politicians-and-technological-complexity-n1716413
– “The lifting of Covid-19 pandemic curbs has been followed by an unusual bout of falling consumer prices instead of a surge. … A drop … records for spending and deficits… The biggest increase in outlays so far this year has been net interest on the soaring federal debt
99-Year-Old Trucking Company Shuts Its Doors
https://pjmedia.com/chris-queen/2023/08/01/99-year-old-trucking-company-shuts-its-doors-n1715080
– “Now [Yellow’s] debt service is just enormous.” … Over the years, Yellow gobbled up many of its competitors in ambitious mergers, which also meant taking on the debt that those companies … “This could mean longer lead times, potential delivery delays, and increased costs — all of which could be passed on to the consumer
The Latest Disney Rumor Is Mouse-S*** Crazy
https://pjmedia.com/vodkapundit/2023/08/09/the-latest-disney-rumor-is-mouse-s-crazy-n1717499
– Bob Iger might be prepping his company for a buyout — and the Hollywood Reporter rumor mill speculates that the buyer could be consumer … But, yes, Apple could gain a controlling interest in Disney without taking on massive debt.…
Inflation Is the Issue That Will Topple the Democrats
https://pjmedia.com/david-p-goldman/2021/05/12/inflation-is-the-issue-that-will-topple-the-democrats-n1446407
– It destroys real income in order to reduce the real cost of debt service — until creditors revolt, and demand an extra risk premium … There’s worse to come, as higher housing costs feed into consumer prices. … There’s worse to come, as higher housing costs feed into consumer prices.…
Jeff Bezos Now Owns James Bond: Amazon Buys MGM Studios—What Does It Mean for Entertainment?
https://pjmedia.com/stephen-kruiser/2021/05/26/jeff-bezos-now-owns-james-bond-amazon-buys-mgm-studios-n1449965
– Including debt, the value of the deal is $8.45 billion, Amazon said. … I am a big consumer of the streaming services.…
Deutsche Bank Issues a Terrifying Warning for America Under Biden
https://pjmedia.com/tyler-o-neil/2021/06/09/deutsche-bank-issues-a-terrifying-warning-for-america-under-biden-n1453388
– An explosive growth in debt financed largely by central banks is likely to lead to higher inflation.” … “Rising oil prices could compound any consumer-driven inflation. Indeed the price of oil has haunted the Fed before. … These will eventually be passed on to the consumer,” the Deutsche Bank authors wrote.…
The Year of Disillusion
https://pjmedia.com/richard-fernandez/2016/04/02/the-year-of-disillusion-n194428
– Everyone from China’s central bank to Arab sovereign wealth funds to German provincial-government banks bought American mortgage debt … As the Wall Street Journal reports: CPS, which faces a $1.1 billion budget deficit and billions more in pension debt, already has … Overall, for the first time in this recovery, a broad and significant rise in core economic costs is slowing job creation, real consumer
The Next Devolution in China
https://pjmedia.com/vodkapundit/2016/05/26/the-next-devolution-in-china-n248875
– , even debt-happy Americans, can absorb. … Corruption, thrift, and a lack of consumer confidence have kept Chinese saving instead of spending. … Xi is determined to ward off the social unrest that will follow the debt blow up.…
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