Results for: consumer debt
Biden's Response to the Ominous Specter of Inflation Should Set Off More Alarm Bells
https://pjmedia.com/tyler-o-neil/2021/07/19/biden-tries-to-a…ng-down-on-what-caused-inflation-in-the-first-place-n1462957
https://pjmedia.com/tyler-o-neil/2021/07/19/biden-tries-to-a…ng-down-on-what-caused-inflation-in-the-first-place-n1462957
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Essentially, Biden said that Americans don’t have to worry about inflation caused by an explosive growth in debt financed by central … banks because… he’s going to expand America’s debt through more financing! … The Core Consumer Price Index (CPI) for all items rose 5.4 percent for the 12 months ending in June 2021.…
Kamala Harris Unwittingly Explains Why Inflation Is So Devastating
https://pjmedia.com/tyler-o-neil/2021/07/15/kamala-harris-unwittingly-explains-why-inflation-is-so-devastating-n1462244
https://pjmedia.com/tyler-o-neil/2021/07/15/kamala-harris-unwittingly-explains-why-inflation-is-so-devastating-n1462244
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“One unexpected expense could mean the difference between taking on more debt and losing it all.” … Recommended: An Ominous Portent for America Under Biden Gets Even Worse
The Core Consumer Price Index (CPI) for all items rose 5.4 … “Rising oil prices could compound any consumer-driven inflation. Indeed the price of oil has haunted the Fed before.…
An Ominous Portent for America Under Biden Gets Even Worse
https://pjmedia.com/tyler-o-neil/2021/07/13/an-ominous-portent-for-america-under-biden-gets-even-worse-n1461371
https://pjmedia.com/tyler-o-neil/2021/07/13/an-ominous-portent-for-america-under-biden-gets-even-worse-n1461371
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Prices for consumer goods and services, excluding food and energy, shot up 0.9 percent in June, the Bureau of Labor Statistics (BLS … This increase in the Core Consumer Price Index (CPI) far outpaced what economists expected. … “Rising oil prices could compound any consumer-driven inflation. Indeed the price of oil has haunted the Fed before.…
Fed Chair Makes an Ominous Admission About Inflation
https://pjmedia.com/tyler-o-neil/2021/07/28/ominous-fed-chai…out-to-be-higher-and-more-persistent-than-expected-n1465314
https://pjmedia.com/tyler-o-neil/2021/07/28/ominous-fed-chai…out-to-be-higher-and-more-persistent-than-expected-n1465314
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The Core Consumer Price Index (CPI) for all items rose 5.4 percent for the 12 months ending in June 2021. … We’re up to almost $30 trillion worth of debt, we already — this year! — spent $1.9 trillion, the Democrats did, in spending. … This is no time for increased debt-financed government spending.…
Joe Biden's Family Has Been Getting Rich off His Political Career for Decades
https://pjmedia.com/matt-margolis/2019/10/09/joe-bidens-fami…een-getting-rich-off-his-political-career-for-decades-n69533
https://pjmedia.com/matt-margolis/2019/10/09/joe-bidens-fami…een-getting-rich-off-his-political-career-for-decades-n69533
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Joe Biden even worked to block an amendment that would have offered bankruptcy protection to people with medical debt. … The bill also blocked people from discharging private student loan debt under bankruptcy. … Total student loan debt was under $400 billion in 2005; it surged in the wake of the law’s passage and is now over $1.5 trillion.…
SCOTUS to Hear Case Challenging the Constitutionality of the Consumer Financial Protection Bureau
https://pjmedia.com/rick-moran/2019/10/19/scotus-to-hear-cas…tionality-of-the-consumer-financial-protection-bureau-n69800
https://pjmedia.com/rick-moran/2019/10/19/scotus-to-hear-cas…tionality-of-the-consumer-financial-protection-bureau-n69800
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Ever since it came into existence in 2011, the Consumer Financial Protection Bureau (CFPB) has been imperiled by its structure. … The case now before the court involves a California law firm called Seila Law the bureau investigated for allegedly unscrupulous debt … Elizabeth] Warren agitated for the creation of a consumer protection agency.…
The End of the Memory Hole
https://pjmedia.com/richard-fernandez/2016/08/20/the-end-of-the-memory-hole-n194568
https://pjmedia.com/richard-fernandez/2016/08/20/the-end-of-the-memory-hole-n194568
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model of state capitalism that lives off of commodities exports —redistributing revenues among the population and stimulating consumer … captures the mood of leftist cohort that has repeatedly turned the corner expecting to find a Worker’s Paradise only to find Student Debt…
Your Wednesday Afternoon Dose of Doom & Gloom
https://pjmedia.com/vodkapundit/2015/04/29/your-wednesday-afternoon-dose-of-doom-gloom-4-n247348
https://pjmedia.com/vodkapundit/2015/04/29/your-wednesday-afternoon-dose-of-doom-gloom-4-n247348
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Don’t be fooled by those “strong” numbers from Q3 and Q4 of last year — they were mostly the result of a surge in consumer spending … the extent that demand is growing at all in the world economy, it seems again to be almost entirely dependent on rising levels of debt … A crisis caused by too much debt has been fought with even more of the stuff.…
Proposed CA Bill Allows Some Calls to Be Recorded Without Consent
https://pjmedia.com/stephen-kruiser/2015/05/05/proposed-ca-bill-allows-some-calls-to-be-recorded-without-consent-n200639
https://pjmedia.com/stephen-kruiser/2015/05/05/proposed-ca-bill-allows-some-calls-to-be-recorded-without-consent-n200639
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provision in state law making it illegal for companies to record all cellphone conversations without the express consent of the consumer … The bill was opposed by numerous advocates for consumers and seniors, including the Consumer Federation of California and the American … privacy, it is wrong to be considering rolling back an important privacy law,” said Richard Holober, executive director of the Consumer…
Small-Ball Conservatism or National Greatness?
https://pjmedia.com/david-p-goldman/2016/10/25/small-ball-conservatism-or-national-greatness-n132160
https://pjmedia.com/david-p-goldman/2016/10/25/small-ball-conservatism-or-national-greatness-n132160
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Federal debt was only 30% of GDP in 1979 (not counting unfunded entitlements), but rose to 110% in 2015. … The former technological vanguard, though, has turned into a group of stable consumer monopolies.…
Will Trump’s Populist Policies Actually Make America Great?
https://pjmedia.com/henry-gomez/2016/11/11/will-trumps-policies-make-america-great-n5626
https://pjmedia.com/henry-gomez/2016/11/11/will-trumps-policies-make-america-great-n5626
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protectionism that inflate prices and give consumers fewer choices, to tax cuts that bring companies back, create jobs, and preserve low consumer … During the campaign, Trump didn’t really address the debt and spending, and when he did, he actually advocated more borrowing because…
The Abolition of Money
https://pjmedia.com/richard-fernandez/2016/11/28/the-abolition-of-money-n194658
https://pjmedia.com/richard-fernandez/2016/11/28/the-abolition-of-money-n194658
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This explains why the policy is an attack on the Indian way of doing business: Much of India’s cash-based consumer transactions have … Last year, our federal government spent $223 billion, or 6 percent of all discretionary spending, on debt interest payments. … On our current track, we will spend more on debt interest than we do on our national defense within ten years.…
CFPB Director Makes Revolutionary Budget Request and Washington Faints
https://pjmedia.com/rick-moran/2018/01/18/cfpb-director-makes-revolutionary-budget-request-n55687
https://pjmedia.com/rick-moran/2018/01/18/cfpb-director-makes-revolutionary-budget-request-n55687
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Mick Mulvaney, former member of Congress who now heads up the Consumer Financial Protection Bureau (CFPB), just forced an epidemic … They aren’t trying to put the consumer in a “debt trap.” … The consumer does it himself due to a failure to understand what he is signing.…
CBO Projects Steeper Hike in Deficits Since Last Report in June
https://pjmedia.com/bridget-johnson/2018/04/10/cbo-projects-steeper-hike-deficits-since-last-report-june-n115577
https://pjmedia.com/bridget-johnson/2018/04/10/cbo-projects-steeper-hike-deficits-since-last-report-june-n115577
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Most of this growth is driven by consumer spending and business investment, but federal spending also contributes a significant amount … As deficits accumulate, debt held by the public rises from 78 percent of GDP, or $16 trillion at the end of 2018 to 96 percent of GDP…
Mont. Dem. Rob Quist Silent on Genital Herpes in Tax Evasion Case
https://pjmedia.com/tyler-o-neil/2017/05/17/mont-dem-rob-quist-silent-on-genital-herpes-in-tax-evasion-case-n42606
https://pjmedia.com/tyler-o-neil/2017/05/17/mont-dem-rob-quist-silent-on-genital-herpes-in-tax-evasion-case-n42606
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In that announcement, the campaign declared, “After medical complications following surgery, Rob Quist got into debt. … Quist paid off his debt, but he believes no one should ever face bankruptcy just because they get sick.” … The most recent poll, from Google Consumer Surveys, found Quist ahead of Gianforte, with 49 percent to the Republican’s 42 percent.…
GOP Senator: Time ‘Running Out’ to Pass Trump Agenda
https://pjmedia.com/nicholas-ballasy/2017/07/11/gop-senator-time-running-out-to-pass-trump-agenda-n110887
https://pjmedia.com/nicholas-ballasy/2017/07/11/gop-senator-time-running-out-to-pass-trump-agenda-n110887
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healthcare in the next week or two, between now and the end of the fiscal year, we only have 31 working days left and we have the debt … are made including allowing people to use pre-tax dollars from health savings accounts to pay premiums as well as adopting the “consumer…
Bewitched, becalmed, bewildered
https://pjmedia.com/richard-fernandez/2017/07/07/bewitched-becalmed-bewildered-n194823
https://pjmedia.com/richard-fernandez/2017/07/07/bewitched-becalmed-bewildered-n194823
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responsible for secular stagnation, namely demography, education, inequality, globalization, energy/environment, and the overhang of consumer … and government debt. … These four barriers to growth are demographics, education, inequality, and government debt.…
A Student Debt Forgiveness Program That's Out of Control
https://pjmedia.com/rick-moran/2017/07/23/a-student-debt-forgiveness-program-thats-out-of-control-n52648
https://pjmedia.com/rick-moran/2017/07/23/a-student-debt-forgiveness-program-thats-out-of-control-n52648
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What is the moral hazard in forgiving student loan debt? … debt burden, surpassing auto and credit card debt and trailing only mortgage debt. … Borrowers With Student Loan Debt: 44.2 million
Student Loan Delinquency Or Default Rate: 11.2%
Total Increase In Student Loan Debt…
The 'Amazon Washington Post,' and Why It Needs to Be Destroyed
https://pjmedia.com/michael-walsh/2017/07/22/the-amazon-washington-post-and-why-it-needs-to-be-destroyed-n120617
https://pjmedia.com/michael-walsh/2017/07/22/the-amazon-washington-post-and-why-it-needs-to-be-destroyed-n120617
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Don’t want to go into debt over that irresistible offer Alexa just chirped to you? Fuhgeddaboutitt. … The FTC is probing a complaint brought by the advocacy group Consumer Watchdog, which looked at some 1,000 products on Amazon’s website … Consumer Watchdog argued that the deceptive list prices make Amazon prices look like a bargain, and asked the FTC to stop Amazon from…
Stop Griping About Social Distancing. Embrace the Reset.
https://pjmedia.com/jeff-reynolds/2020/03/18/stop-griping-about-social-distancing-embrace-the-reset-n379340
https://pjmedia.com/jeff-reynolds/2020/03/18/stop-griping-about-social-distancing-embrace-the-reset-n379340
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Surveys show that Americans carry too much debt and don’t have much savings to help weather a crisis. … There are a bunch of great courses out there on how to create a proper household budget and stop relying on consumer debt to pay for … Debt is slavery, and financial freedom is one of the most empowering things a family can learn.…
Buy Stocks, But With Caution
https://pjmedia.com/david-p-goldman/2020/03/13/buy-stocks-but-with-caution-n379261
https://pjmedia.com/david-p-goldman/2020/03/13/buy-stocks-but-with-caution-n379261
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Demand for US corporate debt is likely to be more restrained, the cost of debt is likely to be higher, and the ability of corporations … The first is tech companies with strong market positions, steady top-line growth and little debt. … I haven’t seen an improvement in the unsecured debt of retail or office REITs.…
Debt Takes a Holiday
https://pjmedia.com/stephen-green/2020/04/03/debt-takes-a-holiday-n384208
https://pjmedia.com/stephen-green/2020/04/03/debt-takes-a-holiday-n384208
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Apply the logic to credit card debt, auto loans, and things start to break down quickly.
All that is just the consumer side. … If the customers stop coming in, the lease/credit/debt payments stack up quickly. … Essentially, as long as we’re stuck at home, debt takes a holiday, too.…
Free Money! Dems Team Up to Give Away the Farm, Barn & Outhouse
https://pjmedia.com/stephen-green/2020/04/15/free-money-dems-team-up-to-give-away-the-farm-barn-outhouse-n384242
https://pjmedia.com/stephen-green/2020/04/15/free-money-dems-team-up-to-give-away-the-farm-barn-outhouse-n384242
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What the economy needs, and what I proposed almost two weeks ago, is a debt moratorium [VIP link] for the duration of the Wuhan-virus … When the Wuhan virus struck, it wasn’t like the 2007-08 financial panic, which suppressed consumer demand primarily through foreclosures … Years ago, the New York State Consumer Protection Board looked into Lesko’s promises of “Free Money to Pay Your Bills,” and found them…
Economist: 2024 Will See ‘Biggest Single Crash’ of Our Lifetime
https://pjmedia.com/catherinesalgado/2023/12/21/economist-2024-will-see-biggest-single-crash-of-our-lifetime-n4924916
https://pjmedia.com/catherinesalgado/2023/12/21/economist-2024-will-see-biggest-single-crash-of-our-lifetime-n4924916
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But it’s undeniable that America is deeply in debt, over-printing money, and, under Biden, laboring under disastrous economic and financial … It's going to bring down a lot of consumer price inflation, and especially housing.”…
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.…