Results for: consumer debt
Wisconsin and California Show that Local Taxes are a Political Death Trap
https://pjmedia.com/david-p-goldman/2012/06/06/wisconsin-and…nia-show-that-local-taxes-are-a-political-death-trap-n130876
https://pjmedia.com/david-p-goldman/2012/06/06/wisconsin-and…nia-show-that-local-taxes-are-a-political-death-trap-n130876
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That compares with the $380 billion a year or so that homeowners pay on the $10 trillion in outstanding home mortgage debt. … During the 1970s, home prices tripled while consumer prices doubled, so the net worth of the middle class actually rose.…
IL Department of Revenue and the Law of Supply and Demand
https://pjmedia.com/rick-moran/2012/06/14/il-department-of-revenue-and-the-law-of-supply-and-demand-n166757
https://pjmedia.com/rick-moran/2012/06/14/il-department-of-revenue-and-the-law-of-supply-and-demand-n166757
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Quinn had warned that without action the health care program would collapse under a mountain of debt. … funding terrorism not only place a legal commodity into an illegal market system but also commit money laundering, fraud (both consumer…
You Know What Isn't #DoingJustFine? The Average American Family's Bottom Line.
https://pjmedia.com/bryan-preston-1/2012/06/11/you-know-what…ingjustfine-the-average-american-familys-bottom-line-n166500
https://pjmedia.com/bryan-preston-1/2012/06/11/you-know-what…ingjustfine-the-average-american-familys-bottom-line-n166500
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The Federal Reserve’s detailed survey of consumer finances showed families’ median wealth plunged from $126,400 in 2007 to $77,300 … The median value of Americans’ debt did not change between 2007 and 2010. … personal wealth has grown and then contracted back down to where it was two decades ago, while your share in the massive national debt…
Who Rules Egypt? The Battle Begins
https://pjmedia.com/barry-rubin/2012/07/02/who-rules-egypt-its-still-an-open-question-but-probably-not-for-long-n133114
https://pjmedia.com/barry-rubin/2012/07/02/who-rules-egypt-its-still-an-open-question-but-probably-not-for-long-n133114
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this is impossible, al-Mursi is more likely to follow a populist approach: big promises, phony jobs, strong subsidies to keep consumer … All of that spells more debt. And foreigners will be asked to pay the bills.…
Money
https://pjmedia.com/vodkapundit/2002/11/06/money-2-n213135
https://pjmedia.com/vodkapundit/2002/11/06/money-2-n213135
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Consumer credit is reaching a saturation point, and so is the housing market, even with cheaper money. … Better to put some money aside for tomorrow, instead of using those smaller monthly payments to rack up yet more debt.…
Krauthammer Hits His Own Thumb
https://pjmedia.com/vodkapundit/2003/06/20/krauthammer-hits-his-own-thumb-n216180
https://pjmedia.com/vodkapundit/2003/06/20/krauthammer-hits-his-own-thumb-n216180
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Raise the import fee to $15 a barrel, so the consumer keeps paying $35 a barrel net. The windfall goes to the U.S. Treasury. … And they certainly won’t pay down the debt or reduce taxes (much).
Oh, no.
We’ll get more protection for snail-darters.…
Let the Good Times Roll (Downhill)
https://pjmedia.com/vodkapundit/2003/08/27/let-the-good-times-roll-downhill-n216906
https://pjmedia.com/vodkapundit/2003/08/27/let-the-good-times-roll-downhill-n216906
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One reason Americans could spend freely is that they went deeper into debt. … In 1946, just after World War II, consumer debt amounted to 22 percent of household after-tax income, reports the Federal Reserve. … (That is, for every $10,000 of income, there was $2,200 of debt.) Now debt is almost 110 percent of income.…
Money Money Money
https://pjmedia.com/vodkapundit/2004/04/16/money-money-money-7-n221105
https://pjmedia.com/vodkapundit/2004/04/16/money-money-money-7-n221105
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cheap money makes corporate profits look bigger, and those low rates encourage further expansion — of both business investment and consumer … debt. … Read:
Consumer prices rose a half of a percent in March. This puts the annual rate at 6% – if March levels persist.…
When the Chewbacca Defense Just Won't Do, There's Always... Affluenza
https://pjmedia.com/ed-driscoll/2013/12/14/when-the-chewbacca-defense-just-wont-do-theres-always-affluenza-n148290
https://pjmedia.com/ed-driscoll/2013/12/14/when-the-chewbacca-defense-just-wont-do-theres-always-affluenza-n148290
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Affluenza is described as “a painful, contagious, socially transmitted condition of overload, debt, anxiety, and waste resulting from … The far left invented the term “Affluenza” to goof on free markets and free choices of consumer consumption.…
When the Chewbacca Defense Just Won't Do, There's Always...Affluenza
https://pjmedia.com/ed-driscoll/2013/12/13/affluenza-n258080
https://pjmedia.com/ed-driscoll/2013/12/13/affluenza-n258080
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Affluenza is described as “a painful, contagious, socially transmitted condition of overload, debt, anxiety, and waste resulting from … The far left invented the term “Affluenza” to goof on free markets and free choices of consumer consumption.…
Can Governments Stop an Economic Slowdown?
https://pjmedia.com/richard-fernandez/2011/06/28/can-governments-stop-an-economic-slowdown-n190708
https://pjmedia.com/richard-fernandez/2011/06/28/can-governments-stop-an-economic-slowdown-n190708
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He said better regulation was needed to manage the debt risks.” … The prosperity was built on a mountain of government debt, acquired by the Chinese government itself. … Chinese savings wound up in these black holes, which recycled rising consumer incomes and may now have wasted them.…
The "S" Factor
https://pjmedia.com/richard-fernandez/2011/06/22/the-s-factor-n190689
https://pjmedia.com/richard-fernandez/2011/06/22/the-s-factor-n190689
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Consumer sentiment is higher. The labor market is on firmer footing, despite last month’s jobs disappointment. … a notable slowdown in domestic economic activity, resurgent concerns about the Eurozone periphery, and an impasse in government debt … While there was no mention of a QE3, the Chairman argued that imposing debt limits was the wrong thing to do.…
Nearer, By God, To Thee
https://pjmedia.com/richard-fernandez/2011/07/05/near-by-god-to-thee-n190731
https://pjmedia.com/richard-fernandez/2011/07/05/near-by-god-to-thee-n190731
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Can President Obama declare the debt ceiling unconstitutional? Felix Salmon at Reuters considers the possibility. … : ‘The president would have constitutional authority to take extraordinary measures to protect the public credit and prevent a debt … default even if it means disregarding the debt limit, which is statutory law subordinate to the Constitution.'”…
Greenspan Calls QE2 the Titanic
https://pjmedia.com/vodkapundit/2011/07/01/greenspan-calls-qe2-the-titanic-n237525
https://pjmedia.com/vodkapundit/2011/07/01/greenspan-calls-qe2-the-titanic-n237525
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Who knew that huge injections of debt won’t make a country rich? … Who knew that stomping on industry’s throat while attempting to keep prices high wouldn’t do a thing for unemployment or consumer spending … The problem is, it took an extra five or so trillion dollars in debt for the progressives to get their lesson.
Again.…
The Gray Lady Gets Yet Another Case of Depression Lust
https://pjmedia.com/ed-driscoll/2011/07/17/the-gray-lady-gets-yet-another-case-of-depression-lust-n254321
https://pjmedia.com/ed-driscoll/2011/07/17/the-gray-lady-gets-yet-another-case-of-depression-lust-n254321
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Lilliputian consumer spending is not a symptom or result, but a cause. … Increase consumer choice, like with incandescent light bulbs? … And the consumer bust shows why. The old consumer economy is gone, and it’s not coming back.…
Consumer Confidence Cratered in June
https://pjmedia.com/bryan-preston-1/2011/07/15/consumer-confidence-cratered-in-june-n150435
https://pjmedia.com/bryan-preston-1/2011/07/15/consumer-confidence-cratered-in-june-n150435
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The gauge of consumer expectations was also at its lowest since March 2009, tumbling to 55.8 from 64.8. … Confidence also fell in government economic policies, in parallel to the consumer confidence drop. … And, S&P says it may cut the nation’s credit rating even if a debt ceiling deal is reached.…
Bleeding Economic Indicators
https://pjmedia.com/vodkapundit/2011/07/15/bleeding-economic-indicators-n237629
https://pjmedia.com/vodkapundit/2011/07/15/bleeding-economic-indicators-n237629
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The dollar strengthened for a second day against the euro after a report showed U.S. consumer prices excluding food and energy increased … Poor’s said there’s a 50 percent chance the U.S. will lose its top credit rating even if Congress reaches agreement on raising the debt … Oh, and that’s assuming we don’t add any more debt between now and then.
Heh.
Funny, yes?…
You Got to Know When to Fold 'em
https://pjmedia.com/vodkapundit/2011/07/15/you-got-to-know-when-to-fold-em-n237625
https://pjmedia.com/vodkapundit/2011/07/15/you-got-to-know-when-to-fold-em-n237625
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As a result, consumer spending has been decimated. … Household debt averaged 75% of personal income between 1975 and 2000. … On top of that, of course, we have record debt coming out of Washington, with no end in sight.…
Outside Job: Using the Oscars to legitimize a political theory
https://pjmedia.com/zombie/2011/03/01/outside-job-using-the-oscars-to-legitimize-a-political-theory-n136643
https://pjmedia.com/zombie/2011/03/01/outside-job-using-the-oscars-to-legitimize-a-political-theory-n136643
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Started in 1994 by John Gamboa, a co-founder of the consumer interest law firm Public Advocates, and backed by minority business associations … The meltdown was not caused by the bankers who mislabeled their risky debt; the economy would have collapsed no matter who was holding…
Two Papers in One
https://pjmedia.com/ed-driscoll/2011/03/06/two-papers-in-one-6-n253603
https://pjmedia.com/ed-driscoll/2011/03/06/two-papers-in-one-6-n253603
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economists, “It’s Time to Face the Fiscal Illusion:”
Keynesian economics talks of the “fiscal illusion” created by government debt … : the issuance of such debt can stimulate the economy in the short run by encouraging a false perception of wealth and thus bolstering … consumer spending.…
Q: How Many Occupiers Live on Less Than 66 Cents a Day?
https://pjmedia.com/david-steinberg/2012/05/03/q-how-many-occupiers-live-on-less-than-66-cents-a-day-n164665
https://pjmedia.com/david-steinberg/2012/05/03/q-how-many-occupiers-live-on-less-than-66-cents-a-day-n164665
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the 66th round of National Sample Survey (NSS) carried out between July 2009 and June 2010, all India average monthly per capita consumer … College graduates who received quarter-million dollar loans — that’s Rs 13,350,518.18 — with deferred payments demanding debt forgiveness…
No, George W. Bush Will Not Be the Last GOP President
https://pjmedia.com/carl-paulus/2012/05/13/no-george-w-bush-will-not-be-the-last-gop-president-n9983
https://pjmedia.com/carl-paulus/2012/05/13/no-george-w-bush-will-not-be-the-last-gop-president-n9983
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Conservatives do not need to fall for this trap: free markets, individualism, and economic empowerment generated from creating consumer … The biggest threat facing the nation today is the debt crisis, which we are steadily approaching.…
Voodoo Economics, MSM-Style
https://pjmedia.com/ed-driscoll/2009/12/25/voodoo-economics-msm-style-n250842
https://pjmedia.com/ed-driscoll/2009/12/25/voodoo-economics-msm-style-n250842
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less bad (I won’t say “better”) than drowning under both governbment incurred debt and personal debt. … And so it took onto itself a huge unfunded debt. … An increase in savings is the basis for increasing the production of consumer goods. Consumer goods are real income.…
That’s Trudeau for You
https://pjmedia.com/david-solway-2/2024/09/19/thats-trudeau-for-you-n4932662
https://pjmedia.com/david-solway-2/2024/09/19/thats-trudeau-for-you-n4932662
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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…
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
https://pjmedia.com/rick-moran/2024/10/04/after-greenlightin…ief-by-georgia-court-missouri-judge-blocks-it-again-n4933064
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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.…