Results for: consumer debt
Politicians and Technological Complexity
https://pjmedia.com/richard-fernandez/2023/08/04/politicians-and-technological-complexity-n1716413
https://pjmedia.com/richard-fernandez/2023/08/04/politicians-and-technological-complexity-n1716413
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“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
https://pjmedia.com/chris-queen/2023/08/01/99-year-old-trucking-company-shuts-its-doors-n1715080
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“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
https://pjmedia.com/vodkapundit/2023/08/09/the-latest-disney-rumor-is-mouse-s-crazy-n1717499
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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
https://pjmedia.com/david-p-goldman/2021/05/12/inflation-is-the-issue-that-will-topple-the-democrats-n1446407
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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
https://pjmedia.com/stephen-kruiser/2021/05/26/jeff-bezos-now-owns-james-bond-amazon-buys-mgm-studios-n1449965
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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
https://pjmedia.com/tyler-o-neil/2021/06/09/deutsche-bank-issues-a-terrifying-warning-for-america-under-biden-n1453388
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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
https://pjmedia.com/richard-fernandez/2016/04/02/the-year-of-disillusion-n194428
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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
https://pjmedia.com/vodkapundit/2016/05/26/the-next-devolution-in-china-n248875
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, 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.…
The Next Revolution in China
https://pjmedia.com/vodkapundit/2016/05/23/the-next-revolution-in-china-n248866
https://pjmedia.com/vodkapundit/2016/05/23/the-next-revolution-in-china-n248866
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Longtime Sharp VodkaPundit Readers™ are well-informed already about the United States’ addiction to debt and cheap money, and our coming … Today’s China is also the world’s manufactory of first resort for consumer goods, and Chinese investments in infrastructure and resources…
NAACP Embraces Federal Crackdown on Payday Lenders
https://pjmedia.com/nicholas-ballasy/2016/06/14/naacp-embraces-federal-crackdown-on-payday-lenders-n103937
https://pjmedia.com/nicholas-ballasy/2016/06/14/naacp-embraces-federal-crackdown-on-payday-lenders-n103937
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WASHINGTON – Hilary Shelton, the director of the NAACP’s Washington Bureau, welcomed the Consumer Financial Protection Bureau’s proposal … “The Consumer Bureau is proposing strong protections aimed at ending payday debt traps. … “The short of it is it would certainly limit the number of access to predatory loans that are debt trapping, but in essence it also…
'I Kind of Ruined My Life by Going to College': 4 Student Debt Horror Stories
https://pjmedia.com/tyler-o-neil/2016/07/06/i-kind-of-ruined…ife-by-going-to-college-4-student-debt-horror-stories-n47060
https://pjmedia.com/tyler-o-neil/2016/07/06/i-kind-of-ruined…ife-by-going-to-college-4-student-debt-horror-stories-n47060
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A source from the debt-buying industry told PJ Media that this was violation of regulations. … Retired University of Cincinnati Professor Mary Franklin told Consumer Reports that debt collectors threatened to garnish her disability … for the National Consumer Law Center.…
The Good and Bad News from the Congressional Budget Office
https://pjmedia.com/bill-straub/2015/02/04/the-good-and-bad-news-from-the-congressional-budget-office-n6597
https://pjmedia.com/bill-straub/2015/02/04/the-good-and-bad-news-from-the-congressional-budget-office-n6597
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“Runaway spending habits have bred excessive deficits and incredible debt,” Enzi said. … “As we meet this morning, our Federal debt totals over $18 trillion. Every man, woman, and child owes $56,000 on that debt. … Enzi vowed Congress will “act to control the spending, reduce the deficits and end the debt.…
Sign "O" the Times
https://pjmedia.com/vodkapundit/2015/03/06/sign-o-the-times-180-n247003
https://pjmedia.com/vodkapundit/2015/03/06/sign-o-the-times-180-n247003
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Consumer spending is down, initial jobless claims are up, and Marc Cuban says we’re in a tech bubble “far worse” the the DotCom Bubble … The difference between the last two bubbles and today is, we weren’t already sitting on $18,000,000,000,000 worth of debt, interest…
Your ♡bamaCare!!! Fail of the Day
https://pjmedia.com/vodkapundit/2015/03/17/your-obamacare-fail-of-the-day-276-n247066
https://pjmedia.com/vodkapundit/2015/03/17/your-obamacare-fail-of-the-day-276-n247066
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If you’ll recall, it was just last week I speculated that the declines in consumer spending, for three months running and despite … moderate incomes, simply do not have the resources to pay their deductibles and will either have to put off care or incur medical debt … It’s no wonder that collections for medical debt represent half of all bill collections.…
Sanders, Dems Propose Investment Gains Tax Hike to Pay for Social Security Expansion
https://pjmedia.com/nicholas-ballasy/2017/02/23/sanders-dems…gains-tax-hike-to-pay-for-social-security-expansion-n107566
https://pjmedia.com/nicholas-ballasy/2017/02/23/sanders-dems…gains-tax-hike-to-pay-for-social-security-expansion-n107566
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“Everybody in this room knows that Social Security hasn’t added a nickel to the debt. … breaks for billionaires and the war in Iraq and an inflated military budget that in fact led to the high deficits and the national debt … insurance amount” for qualified beneficiaries starting in 2021 and “revise computation of cost-of-living adjustments to use the Consumer…
Budget Director: Meals on Wheels 'Sounds Great,' But 'Not Showing Any Results'
https://pjmedia.com/bridget-johnson/2017/03/16/budget-direct…s-on-wheels-sounds-great-but-not-showing-any-results-n108029
https://pjmedia.com/bridget-johnson/2017/03/16/budget-direct…s-on-wheels-sounds-great-but-not-showing-any-results-n108029
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Meals on Wheels America says one in six senior Americans “struggles with hunger,” and their consumer base consists of seniors who receive … We’re $20 trillion in debt. We’re going to spend money. We’re going to spend a lot of money.…
Not 'Transitory': Team Biden Was Wrong All Year on Inflation
https://pjmedia.com/ari-j-kaufman/2021/11/11/not-transitory-team-biden-was-wrong-all-year-on-inflation-n1531916
https://pjmedia.com/ari-j-kaufman/2021/11/11/not-transitory-team-biden-was-wrong-all-year-on-inflation-n1531916
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After Wednesday’s frightening economic report on consumer prices, I hope not. … Related: Biden Blames the Country’s Mood on Problems His Administration Created
The Labor Department announced this week that the consumer … “Going forward, it is important that Congress pass my Build Back Better plan, which is fully paid for and does not add to the debt,…
Joe Manchin's 'Inflation Vindication' Probably Sinks the Build Back Better Bill
https://pjmedia.com/rick-moran/2021/12/11/joe-manchins-infla…ndication-probably-sinks-the-build-back-better-bill-n1540865
https://pjmedia.com/rick-moran/2021/12/11/joe-manchins-infla…ndication-probably-sinks-the-build-back-better-bill-n1540865
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Manchin also asserted that it was fiscal madness to take on so much debt at this time. … Related: Consumer Price Index Proves What You Already Knew About Inflation
Manchin appears clairvoyant, but he wasn’t alone.…
The Morning Briefing: The Limbaugh Legacy Is Still the Heart of Conservative Media
https://pjmedia.com/stephen-kruiser/2022/02/18/the-morning-b…ugh-legacy-is-still-the-heart-of-conservative-media-n1560202
https://pjmedia.com/stephen-kruiser/2022/02/18/the-morning-b…ugh-legacy-is-still-the-heart-of-conservative-media-n1560202
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As every consumer of conservative media is aware, yesterday marked the one-year anniversary of the death of Rush Limbaugh. … the subject again, so if you’re interested you can sign up here using the promo code FIGHTBACK for a 25% discount)
We all owe a debt…
The Morning Briefing: House Kicks $34 Trillion Debt Can Down the Road Under Cover of Night
https://pjmedia.com/stephen-kruiser/2023/06/01/the-morning-b…rillion-debt-can-down-the-road-under-cover-of-night-n1699598
https://pjmedia.com/stephen-kruiser/2023/06/01/the-morning-b…rillion-debt-can-down-the-road-under-cover-of-night-n1699598
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The debt deal is done and this hangover isn’t going away for a long time. … Kevin McCarthy was able to cobble together enough Republican votes to push through a bill suspending the $34.1 trillion—TRILLION—debt … Republicans React to House Passing Debt Deal in Late-Night Vote
NASA’s UFO Research Team Holds Public Hearing
Biden Sex Assault…
BOOK REVIEW: 'Modernizing Medicare: Harnessing the Power of Consumer Choice and Market Competition'
https://pjmedia.com/marktapscott/2023/06/10/book-review-mode…the-power-of-consumer-choice-and-market-competition-n1702197
https://pjmedia.com/marktapscott/2023/06/10/book-review-mode…the-power-of-consumer-choice-and-market-competition-n1702197
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But now along comes Modernizing Medicare: Harnessing the Power of Consumer Choice and Market Competition from the Johns Hopkins University … If spending is not reduced, either this social program will increase the federal debt, with whatever consequences flow from further … Christopher Pope makes a persuasive case that Medicare Advantage has demonstrated that the heightened role of consumer choice results…
Trucker on Fuel Prices: 'What Are Y’all Gonna Do Next Month When Your Gallon of Milk Costs $11?'
https://pjmedia.com/vodkapundit/2022/03/10/trucker-on-fuel-p…nna-do-next-month-when-your-gallon-of-milk-costs-11-n1565290
https://pjmedia.com/vodkapundit/2022/03/10/trucker-on-fuel-p…nna-do-next-month-when-your-gallon-of-milk-costs-11-n1565290
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The inflation “premium” will affect interest rates, which means mortgages, car loans, and consumer credit will all go up. … But the Fed can’t jack up interest rates because that would also jack up the interest paid on our $30 trillion debt.…
The Democratic People’s Republic of Kaneda
https://pjmedia.com/david-solway-2/2022/03/25/the-democratic-peoples-republic-of-kaneda-n1584340
https://pjmedia.com/david-solway-2/2022/03/25/the-democratic-peoples-republic-of-kaneda-n1584340
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The national debt keeps mounting at the alarming rate of $391.5 million every day and now exceeds $1.1 trillion for a country of only … Trading platforms are increasingly unreliable, and the Consumer Price Index is in shambles.…
Will Deadbeat Students Ever Be Forced to Repay Their College Loans?
https://pjmedia.com/rick-moran/2022/04/06/will-deadbeat-students-ever-be-forced-to-repay-their-college-loans-n1587449
https://pjmedia.com/rick-moran/2022/04/06/will-deadbeat-students-ever-be-forced-to-repay-their-college-loans-n1587449
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Such comments have left debt-cancellation advocates torn between optimism and frustration. … The other major objection to canceling student loan debt is that the act of debt cancelation would benefit only the richest Americans … Moreover, student loan debt forgiveness only benefits those who went to college.…
Biden's Approval Among Young Voters Is Tanking
https://pjmedia.com/cameronarcand/2022/04/13/bidens-approval-among-young-voters-is-tanking-n1589649
https://pjmedia.com/cameronarcand/2022/04/13/bidens-approval-among-young-voters-is-tanking-n1589649
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For those who are either still in college or paying off student loan debt, any additional increases on consumer products likely have…