Results for: consumer debt
Obama Rings up Warren Buffet and Ford CEO Alan Mulally for Economic Advice -- But Why Them?
https://pjmedia.com/bryan-preston-1/2011/08/23/obama-rings-u…rd-ceo-alan-mulally-for-economic-advice-but-why-them-n151947
https://pjmedia.com/bryan-preston-1/2011/08/23/obama-rings-u…rd-ceo-alan-mulally-for-economic-advice-but-why-them-n151947
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Mulally offered his own solution to the mismatch, artfully explaining that we needed to “involve the consumer in our energy policy. … Obama rang up Buffet and Mulally because the three of them already agree: We should tax our way out of the recession and out of debt…
Consumer Confidence Nosedives Again
https://pjmedia.com/bryan-preston-1/2011/08/22/consumer-confidence-nosedives-again-n151919
https://pjmedia.com/bryan-preston-1/2011/08/22/consumer-confidence-nosedives-again-n151919
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Consumer confidence has fallen further after weeks of intensified economic concerns and broad stock market declines, and Conference … The 45.4 reading is the lowest since Consumer Edge Research began its index in March 2010. … Consumer Edge Research forecast that the Conference Board’s full-month Consumer Confidence Index would deteriorate 8 to 10 percentage…
Boehner Calls Barry's Bluff
https://pjmedia.com/ed-driscoll/2011/08/31/boehner-calls-barrys-bluff-n254537
https://pjmedia.com/ed-driscoll/2011/08/31/boehner-calls-barrys-bluff-n254537
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Update: Allahpundit adds:
The worst part is that, with the economy on the brink of a double-dip and consumer confidence falling off … Six months ago, the day after the debt-ceiling deal was struck, last week, yesterday, today, tomorrow, the day before the Republican…
LightSquared: Another Solyndra?
https://pjmedia.com/richard-pollock/2011/09/15/lightsquared-another-solyndra-n10898
https://pjmedia.com/richard-pollock/2011/09/15/lightsquared-another-solyndra-n10898
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could interfere with aviation safety, disrupt military and rescue operations, and interfere with high-tech farming equipment and consumer … Falcone is a hedge fund investor who made a fortune shorting subprime debt.…
The Gathering Storm
https://pjmedia.com/richard-fernandez/2011/09/10/the-gathering-storm-2-n190937
https://pjmedia.com/richard-fernandez/2011/09/10/the-gathering-storm-2-n190937
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While the US was gripped by the twin dramas of the Obama speech and the 10th anniversary of September 11, the European sovereign debt … On the one hand their basic problem is a burgeoning public debt. … The cutbacks will also shrivel up consumer demand in Greece and Spain among others.…
Obama Versus the Strawmen
https://pjmedia.com/rich-baehr/2011/09/08/obama-versus-the-strawmen-n10931
https://pjmedia.com/rich-baehr/2011/09/08/obama-versus-the-strawmen-n10931
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The reality is that the repeated stimulus efforts have failed on the consumer side because Americans became overleveraged during the … housing boom and have used any new cash from temporary tax cut measures or federal spending programs to pay down personal debt.…
It's the Gas Prices, Stupid
https://pjmedia.com/paula-bolyard/2012/09/28/its-the-gas-prices-stupid-n9534
https://pjmedia.com/paula-bolyard/2012/09/28/its-the-gas-prices-stupid-n9534
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He explained the relationship between fuel prices and consumer goods. … We pass that fuel surcharge on to our customer, so then it does make its way to the consumer. … Let’s say it’s a consumer goods item that goes to the shelf of the store.…
What We Do Not Want to Hear Anymore
https://pjmedia.com/victor-davis-hanson/2012/01/28/what-we-do-not-want-to-hear-anymore-n118449
https://pjmedia.com/victor-davis-hanson/2012/01/28/what-we-do-not-want-to-hear-anymore-n118449
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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.…
Video: Gov. Mitch Daniels' Response to the SOTU Address
https://pjmedia.com/the-tatler/2012/01/25/video-gov-mitch-daniels-response-to-the-sotu-address-n159885
https://pjmedia.com/the-tatler/2012/01/25/video-gov-mitch-daniels-response-to-the-sotu-address-n159885
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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…
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.…