Oct 6, 2021 – These dynamics also suppress wages, reduce employment, and increase consumer prices. … Clear communication about the rationale for opposing the debt limit is necessary to maintain this sentiment.…

Oct 25, 2021 – Mad season. 2021 is no exception, what with continuing resolutions, another hike in the debt limit, a trillion-dollar “infrastructure … Prescription Verification Modernization Act,” a bill that is intended to take away the Federal Trade Commission’s ability to protect consumer…

Jan 28, 2012 – Some were stupid and leveraged their homes to pay down credit card debt and write off the interest — or take on even more consumer … debt. … Money borrowed has to be paid back or the debt eaten by someone, period.…

Jan 25, 2012 – short years, an unprecedented explosion of spending, with borrowed money, has added trillions to an already unaffordable national debt … stifles the development of homegrown energy, or cancels a perfectly safe pipeline that would employ tens of thousands, or jacks up consumer…

Jan 24, 2012 – 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.…

Feb 9, 2012 – 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.…

Feb 18, 2012 – 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.…

Feb 24, 2012 – 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…

Mar 5, 2012 – 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…

Mar 12, 2012 – 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.…

Apr 7, 2012 – 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…

Apr 4, 2012 – 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. …

Apr 13, 2012 – 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…

Apr 27, 2012 – 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…

Jan 14, 2014 – 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…

Jan 13, 2014 – 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.…

Jan 22, 2014 – 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.…

Feb 5, 2014 – 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.…

Feb 19, 2014 – 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…

Feb 10, 2014 – #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.…

Apr 26, 2014 – 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.…

Nov 1, 2012 – 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…

Dec 2, 2012 – 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…

Nov 27, 2012 – 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.…

Nov 26, 2012 – 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…