Results for: consumer debt
The State of the Election Address
https://pjmedia.com/bryan-preston-1/2012/01/24/the-state-of-the-election-address-n159866
https://pjmedia.com/bryan-preston-1/2012/01/24/the-state-of-the-election-address-n159866
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America faces large problems: A soaring national debt, chronic unemployment that may become systemic, government services at the breaking … The president who has increased the national debt by 50% in three years wants the authority to spend even more. … The only thing built to last in this speech is the national debt that it will increase.…
By Rights
https://pjmedia.com/richard-fernandez/2012/02/09/by-rights-n191403
https://pjmedia.com/richard-fernandez/2012/02/09/by-rights-n191403
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Sheryl Nance-Nash at Forbes writes that “with student loan debt now topping U.S. credit card debt and few or no options available for … Bomb’:America’s Next Mortgage-Style Economic Crisis, by the National Association of Consumer Bankruptcy Attorneys (NACBA).” … Besides the holders of the debt, that someone is likely to be the taxpayer.…
The New Commandments on the Barn Wall
https://pjmedia.com/victor-davis-hanson/2012/02/18/the-new-commandments-on-the-barn-wall-n118464
https://pjmedia.com/victor-davis-hanson/2012/02/18/the-new-commandments-on-the-barn-wall-n118464
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At some future date, inflation, debt reduction, write-down, higher taxes on “them,” growing the economy, a computer meltdown, those … not born, a few “fat cats,” or a German will somehow step in to erase what is owed — some $16 trillion in collective debt. … An American without debt or a federal program to relieve it is not really an American.…
High-Tech Nothing
https://pjmedia.com/victor-davis-hanson/2012/02/24/high-tech-nothing-n118467
https://pjmedia.com/victor-davis-hanson/2012/02/24/high-tech-nothing-n118467
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about a minute I can find a past quote from Obama about recess appointments, filibusters, campaign financing, super-PACs, taxes, debt … Sometimes consumer high-tech is the Catholic pessimist Tolkien’s master ring, a thing seemingly of great potential, but one that might…
The Gaseous Policies of Barack Obama
https://pjmedia.com/victor-davis-hanson/2012/03/05/the-gaseous-policies-of-barack-obama-n118471
https://pjmedia.com/victor-davis-hanson/2012/03/05/the-gaseous-policies-of-barack-obama-n118471
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three years, not only eroding the buying power of the world-traded dollar but also sending a message to oil producers that even more debt … gas costs will also simply transfer lots of dollars that might have been spent in America to foreign governments, and will curb consumer…
I Owe My Soul to the Company Store
https://pjmedia.com/richard-fernandez/2012/03/12/i-owe-my-soul-to-the-company-store-n191493
https://pjmedia.com/richard-fernandez/2012/03/12/i-owe-my-soul-to-the-company-store-n191493
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pressure on families struggling with their children’s mounting debt. … Student loan debt is now $704 billion bigger than total U.S. credit card debt. … Aged parents who cosigned loans are losing their homes to the children’s unpaid educational debt.…
The Organized Left's Spring Surprise: Revealed on TV and in The Nation magazine
https://pjmedia.com/ron-radosh/2012/04/07/the-organized-lefts-spring-surprise-n184091
https://pjmedia.com/ron-radosh/2012/04/07/the-organized-lefts-spring-surprise-n184091
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Other groups have been hard at work on issues ranging from student debt to alternative banking to worker-owned cooperatives. … that for decades thereafter provided a mechanism in which increased productivity through war production and later from pent-up consumer…
Disturbing News I Learned in Consumer Reports
https://pjmedia.com/helen-smith/2012/04/04/disturbing-news-i-learned-in-consumer-reports-n163494
https://pjmedia.com/helen-smith/2012/04/04/disturbing-news-i-learned-in-consumer-reports-n163494
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I was thumbing through my latest issue of Consumer Reports this afternoon and typically read up on what money-saving techniqes they … In the May issue I received today, the first thing that I noticed was how student debt can have an impact on the entire economy. …
Bailout 2: Electric Car Boogaloo
https://pjmedia.com/vodkapundit/2012/04/13/bailout-2-electric-car-boogaloo-n239521
https://pjmedia.com/vodkapundit/2012/04/13/bailout-2-electric-car-boogaloo-n239521
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The new Consumer Financial Protection Bureau said it had not yet decided whether it would oversee the largest nonbank auto lenders. … Replace the word “lending” in the passage below (from the Times story) with “debt”:
In fact, an increase in lending is a sign that…
Your Friday Morning Dose of Doom & Gloom
https://pjmedia.com/vodkapundit/2012/04/27/your-friday-morning-dose-of-doom-gloom-5-n239633
https://pjmedia.com/vodkapundit/2012/04/27/your-friday-morning-dose-of-doom-gloom-5-n239633
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As Zero Hedge reminded everyone this morning, “It now takes $2.52 in new debt to raise GDP by $1.00.” That’s unsustainable. … Dodd-Frank has enshrined Too Big to Fail while freezing consumer credit. ZIRP is impoverishing the elderly. … And with an extra $5,000,000,000,000 in new debt, and interest rates already at zero — what tools does Washington have left to fix…
Rising Interest Rates and Tapering Will Decide the Economic Fate of 2014
https://pjmedia.com/mobin-koohestani/2014/01/14/rising-inter…s-and-tapering-will-decide-the-economic-fate-of-2014-n186462
https://pjmedia.com/mobin-koohestani/2014/01/14/rising-inter…s-and-tapering-will-decide-the-economic-fate-of-2014-n186462
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unless there is substantial economic growth and debt restructuring. … Unfortunately, consumer consumption alone may not be able to fully fix the issue. … In the past century, most advanced economies with similar levels of debt ultimately faced debt overhang that slowed production and…
Washington's Addiction to Uncle Ben's Funny Money™
https://pjmedia.com/stephen-green/2014/01/13/uncle-bens-funny-money-n7832
https://pjmedia.com/stephen-green/2014/01/13/uncle-bens-funny-money-n7832
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Under Keynesian theory, the government should keep a surplus during good times and go into debt during downtowns. … The extra spending increases “aggregate demand” which in turn arouses the “animal spirits” driving up “consumer confidence” and thus … consumer demand brings the economy out of recession.…
8 Things in Washington That Could Hit Your Wallet This Year
https://pjmedia.com/rodrigo-serme-o/2014/01/22/8-things-in-washington-that-could-hit-your-wallet-this-year-n7808
https://pjmedia.com/rodrigo-serme-o/2014/01/22/8-things-in-washington-that-could-hit-your-wallet-this-year-n7808
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President Obama and congressional Democrats have said they will not negotiate on the debt ceiling. … Why should you worry about the debt ceiling? … Past brinkmanship to raise the debt ceiling led to the first downgrade of the U.S. credit rating in 2011.…
Turkish financial crisis adds to region's chaos
https://pjmedia.com/david-p-goldman/2014/02/05/turkish-financial-crisis-adds-to-regions-chaos-n131522
https://pjmedia.com/david-p-goldman/2014/02/05/turkish-financial-crisis-adds-to-regions-chaos-n131522
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About two-fifths of Turkey’s corporate debt is denominated in foreign currency, and the lira’s decline translates into higher debt … Argentina defaulted on its $132 billion public debt, and its economy contracted by 10 percent in real terms in 2002. … The only cure for Erdogan’s debt addiction, to borrow a phrase, is cold turkey.…
Two Time Magazines in One
https://pjmedia.com/ed-driscoll/2014/02/19/two-time-magazines-in-one-6-n258390
https://pjmedia.com/ed-driscoll/2014/02/19/two-time-magazines-in-one-6-n258390
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debt is higher than it has been since 2011. … Americans’ debt—that includes mortgages, auto loans, student loans and credit card debt—increased by 2.1%, or $241 billion in the last … “American consumers are not showing improvement in these areas. ”
—“Americans Are Taking on Debt at Scary High Rates: Overall debt…
Your Monday Morning Dose of Doom & Gloom
https://pjmedia.com/vodkapundit/2014/02/10/your-monday-morning-dose-of-doom-gloom-6-n244451
https://pjmedia.com/vodkapundit/2014/02/10/your-monday-morning-dose-of-doom-gloom-6-n244451
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#10 The average credit card debt in the United States is $15,279. … #11 The average student loan debt in the United States is $32,250. … #12 The average mortgage debt in the United States is $149,925.
#13 Overall, U.S. consumers are $11,360,000,000,000 in debt.…
10 of Walter Hudson's Greatest Hits
https://pjmedia.com/walter-hudson/2014/04/26/10-of-walter-hudsons-greatest-hits-n151872
https://pjmedia.com/walter-hudson/2014/04/26/10-of-walter-hudsons-greatest-hits-n151872
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Becoming a Christian requires acknowledging that the debt accrued through sin can never be paid by the sinner. … She is to be delivered to unknown benefactors willing to wipe away DeWitt’s large debt. … I remember the moment I first realized how ridiculous consumer credit could be.…
The Race for the Senate: Who Will Come Out on Top?
https://pjmedia.com/bridget-johnson/2012/11/01/the-race-for-the-senate-who-will-come-out-on-top-n9413
https://pjmedia.com/bridget-johnson/2012/11/01/the-race-for-the-senate-who-will-come-out-on-top-n9413
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Flake, an anti-pork crusader who regularly sends out punny comparisons of the national debt (i.e. … With a few well-placed references to Consumer Financial Protection Bureau founder Elizabeth Warren’s claims of Cherokee heritage, Brown…
Scott Walker's Revolution: The Sequel
https://pjmedia.com/gary-wickert/2012/12/02/scott-walkers-revolution-the-sequel-n9302
https://pjmedia.com/gary-wickert/2012/12/02/scott-walkers-revolution-the-sequel-n9302
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In balancing the budget, Walker paid off $831.7 million of debt left over from the previous Democrat administration, including:
• … who announced he would no longer represent Republicans and has been running a string of web videos since Republicans changed a consumer…
Your Wednesday Dose of Doom and Gloom
https://pjmedia.com/vodkapundit/2012/11/27/your-tuesday-dose-of-doom-and-gloom-n241774
https://pjmedia.com/vodkapundit/2012/11/27/your-tuesday-dose-of-doom-and-gloom-n241774
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Last year we had to refi almost three trillion in existing debt, on top of the trillion in new debt Congress created. … Oh, wait… that’s only for the new debt Congress issues, and for the old debt being re-financed. … Ben needs to sell old debt. Tim Geithner at Treasury needs to refi existing debt. Congress needs to issue new debt.…
Fiscal Cliff Wrangling Already Falls Short in the 'Compromise' Department
https://pjmedia.com/bridget-johnson/2012/11/26/fiscal-cliff…gling-already-falls-short-in-the-compromise-department-n9322
https://pjmedia.com/bridget-johnson/2012/11/26/fiscal-cliff…gling-already-falls-short-in-the-compromise-department-n9322
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ve got to have the president step up, and say, ‘Here’s my position on how to reform the entitlements and start managing down this debt … tried using Cyber Monday as a hook for its new Council of Economic Advisers report about the middle-class tax cuts’ impact on consumer … It estimated growth of real consumer spending could be cut by 1.7 percentage points in 2013 if middle-class tax rates go up an average…
And It's Biden in the Fiscal Cliff Home Stretch
https://pjmedia.com/bridget-johnson/2012/12/30/and-its-biden-in-the-fiscal-cliff-home-stretch-n175725
https://pjmedia.com/bridget-johnson/2012/12/30/and-its-biden-in-the-fiscal-cliff-home-stretch-n175725
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One sticking point appeared to be a chained consumer price index (CPI), an alternative measure of inflation. … The result is nearly $9 trillion in new debt accumulation over the next decade, which represents virtually no change from current projections…
SOTU and Riposte
https://pjmedia.com/bryan-preston-1/2011/01/25/sotu-and-riposte-n138342
https://pjmedia.com/bryan-preston-1/2011/01/25/sotu-and-riposte-n138342
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Depending on bureaucracy to foster innovation, competitiveness, and wise consumer choices has never worked – and it won’t work now … Yet after two years, the unemployment rate remains above 9% and government has added over $3 trillion to our debt.”
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Meet the Other Republican in the New Hampshire Senate Race
https://pjmedia.com/tg-branfalt-jr/2014/06/09/meet-the-other-republican-in-the-new-hampshire-senate-race-n7431
https://pjmedia.com/tg-branfalt-jr/2014/06/09/meet-the-other-republican-in-the-new-hampshire-senate-race-n7431
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that in our “borderless global economy” jobs migrate to where the money is and, due to the mass printing of currency and federal debt … He argues that the Dodd-Frank Wall Street Reform and Consumer Protection Act is inhibitory — especially in New Hampshire, where the…
Your Monday Doom & Gloom
https://pjmedia.com/vodkapundit/2014/06/09/your-monday-doom-gloom-n245322
https://pjmedia.com/vodkapundit/2014/06/09/your-monday-doom-gloom-n245322
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Analysts said increased consumer and business spending was behind the increase. … sustained and sustainable growth, without either inflating itself away or leading to another recession made worse by all the additional debt … So look for our next recession to start at the top end with trillions in extra debt, trillions in excess liquidity, and with millions…