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…

Oct 13, 2011 – Instead, inflation in Italy will practically follow the course of consumer price indexes in the rest of Europe: it was 1.74% in October … Unfortunately, though, at the same time public debt will continue to go up and it will reach 118.9% of Italy’s GDP by the end of 2011 … It is a very high value, according to every standard, but do not forget that Europe as a whole has 80% of public debt, France has 81%…

Oct 24, 2011 – The move is designed to pick up the housing market and by reducing mortgage payments thereby increase the amount of consumer spending … Summers and Austan Goolsbee — did not favor a big program of debt reduction.” … At the end of the day, homeowners would still have as much debt.…

Nov 2, 2011 – But was the more fundamental reason for its demise was the European sovereign debt crisis?  … Since money’s most important function is to send signals — about price, consumer wishes, producer costs, political intent and expectations…

Oct 30, 2011 – Over the past eight years our national debt has doubled to $14.5 trillion, and our total unfunded liabilities now exceed an astonishing … Take, for example, the contrast between the Free World’s outpouring of diverse and imaginative consumer products with the Soviets’ … In other words: we must incur new debt to pay for the programs since the “trusts” are empty.…

Nov 9, 2011 – Many of these protestors are college students or recent graduates that have taken on enormous levels of debt — while the average debt … Most of this debt is the result of skyrocketing education costs. … $897.63 per month in debt retirement.…

Nov 26, 2011 – Obama knows that there is not enough of the 1% of the 1% to come up with enough revenue to cover his new $4 trillion in debt, but does … To the conservative, most (not all, to be sure) subsidies and breaks for college, housing, medical care, occasion debt relief, etc. … The onset of a billion new global workers, cheap consumer items, technological revolution, and government cash has meant that someone…