Dec 11, 2023 – 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…

Dec 16, 2023 – 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.…

Oct 26, 2015 – I advise my son to put himself through eight to ten years of school, racking up hundreds of thousands of dollars in student loan debt … Kathleen Stoll, director of health policy at the consumer advocacy group Families U.S.A., … fears that doctors who switch to a cash-only … Instead, so-called “consumer advocates” worry about market “barriers” while taking part it the erection of far worse ones.…

Oct 23, 2015 – We’ve also fallen for more than one consumer debt trap. These qualities hardly make us unique. … The starkest difference manifests in their attitudes toward debt. Ramsey despises debt. … By contrast, Kiyosaki embraces debt as a tool when used to purchase assets that provide cash flow. He calls this “good debt.”…

Jun 6, 2012 – 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.…

Jun 14, 2012 – 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…

Jun 11, 2012 – 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…

Jul 2, 2012 – 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.…

Nov 6, 2002 – 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.…

Jun 20, 2003 – 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.…

Aug 27, 2003 – 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.…

Apr 16, 2004 – 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.…

Dec 14, 2013 – 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.…

Dec 13, 2013 – 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.…

Jun 28, 2011 – 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.…

Jun 22, 2011 – 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.…

Jul 5, 2011 – 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.'”…

Jul 1, 2011 – 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.…

Jul 17, 2011 – 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.…

Jul 15, 2011 – 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.…

Jul 15, 2011 – 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?…

Jul 15, 2011 – 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.…

Mar 1, 2011 – 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…

Mar 6, 2011 – 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.…

May 3, 2012 – 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…