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…

May 13, 2012 – 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.…

Dec 25, 2009 – 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.…

Apr 12, 2024 –  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?…

Apr 12, 2024 – 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…

Feb 6, 2024 – 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.…

Feb 2, 2024 – 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.…

Jan 19, 2024 – 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.…

Mar 13, 2024 – 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…