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…

Dec 30, 2012 – 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…

Jan 25, 2011 – 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.” **********…

Jun 9, 2014 – 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…

Jun 9, 2014 – 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…

Jun 14, 2014 – Forty million Americans owe more than $1.2 trillion in student loan debt, making it the second leading source of debt in the nation … “Crushing student debt isn’t just hurting borrowers,” she said. … “There is mounting evidence that student debt is also holding back the economy.”…

Jun 25, 2014 – … The latest revisions reflect a weaker pace of healthcare spending than previously assumed, which caused a downgrading of the consumer … A country which can’t grow on the strength of its domestic economy, which must instead depend on debt, easy money, and the kindness … Real employment has barely budged this year, durable goods orders contracted in May, consumer spending contracted in April and was…

Jun 24, 2014 – As a result, we now have Dodd-Frank, the completely unaccountable Consumer Financial Protection Bureau, a mortgage lending market where … Record deficits and national debt buildup. … $6 trillion in deficits deliberately rung up during Obama’s presidency, along with a nearly $7 trillion increase in the national debt…

Jul 9, 2014 – Tyler Durden on consumer debt: Remember that epic spending spree that took place in March when consumers cleaned out their savings … Auto sales were way up in June, too, with the additional debt that implies. … debt merry-go-round stops spinning.…

Jul 16, 2014 – So I pride myself on being able to beat the headlines, and I do that by just being a voracious consumer of the culture, the news, I … We’re coming up on 18T in debt. Liberal policies are a failure.…

Jan 16, 2013 – Speaking in front of audience of mainly media and children today, the latter upon whom he has piled trillions of dollars of massive debt … Item 8 gives his new behemoth bureaucracy something to do: “Review safety standards for gun locks and gun safes (Consumer Product Safety…

Jan 15, 2013 – export markets such as the U.S. and China are starting to pick up, while improved sentiment surrounding Europe’s three-year-old debt … Consumer spending, which supports imports from other European countries, remains weak. … But they should be watching, because this is what happens when nations accumulate too much debt.…

Jan 14, 2013 – Raising bank profits has not helped the economy because credit cannot be extended to households that are in debt. … Every $1 increase in equity prices raises consumer spending by just 3 to 5 cents so a 10% increase in stocks will add, at best, 45 … We cannot assume that the paradigm of the last three decades of lower interest rates and debt expansion will be relevant going forward…

Feb 26, 2013 – When Debt Is No Debt There are no major programs that the president wishes to cancel, but plenty of new ones he envisions. … mongers have no choice but to get back to work and make tons of money, and that the resulting increased revenue will pay off the debt … He believed that the first $4 trillion in debt would stimulate the economy, and so is surprised that we are still massively borrowing…

Jun 11, 2010 – (Government spending having some “multiplier” effect unknown to consumer or business spending is a big, fat lie.) 2. … That extra spending means extra debt, which drives up interest rates, which chokes off growth. 3.…

Jun 23, 2010 – Obama and his minions appeal instead to the outmoded theories of John Maynard Keynes, according to which you escape from debt by spending … Increased taxes act as a disincentive to consumer and corporate spending, to entrepreneurial risk taking.…

Jul 16, 2010 – Of course, he increasingly feels the same need here at home as our out-of-control debt is becoming a live issue, despite the fact … During the latter years of the 19th century, and the first half of the 20th century, New Deal-era Progressives believed in consumer…

Aug 2, 2010 – The addition of over 1 billion Chinese and Indian workers in the capitalist global system in real dollars has made cheap consumer goods … Lots of people are not paying income taxes and renouncing debt. … In addition, our local airwaves are dominated by three commercial themes: how to get out of credit card debt, avoid paying the IRS,…

Aug 13, 2010 – Europe has experienced what it means to have too big deficits … We need growth that doesn’t rely on debt but is based on real grounds … in a single three-month period. … But the most surprising element of the numbers is an apparent contribution from the German consumer…

Aug 13, 2010 – money graf: The economy is stalling, unemployment seems stuck at European levels of idleness, the federal deficit and the national debt … * $70 billion for consumer and business lending initiatives. … This was a program designed to jumpstart business and consumer lending.…

Oct 4, 2011 – well devised and timed proposal, the Obama Administration is reportedly calling for changes to a federal law prohibiting private debt … To the dismay of consumer groups and the discomfort of Democrats, President Barack Obama wants Congress to make it easier for private … debt collectors to call the cellphones of consumers delinquent on student loans and other billions owed the federal government.…

Oct 2, 2011 – Stagnant GDP, 9.1 unemployment, another $5 trillion in debt, $1.6 trillion annual deficits, and sky-high fuel and food prices have … But that means no more than suggesting that laureate Paul Krugman was right about adding even more trillions to the debt. … , government borrowing, or consumer or business confidence. ______________________ ** Barack Obama: “We don’t believe in standing…

Sep 28, 2011 – The Turkish public debt is largely owed to the Turkish public, and the portion that constitutes foreign debt makes up the minority … of Turkey’s foreign debt. … Commercial banks’ consumer lending grew by 36%.…

Oct 14, 2011 – first tried finding excuses, blaming America’s dismal condition on Japanese supply-chain interruptions, the Arab Spring, European debt … If the “Arab Spring” had found a way to fix Egypts problem’s, then Cairenes would even now be stocking up on consumer goods, getting…