Results for: consumer debt
How Thatcher Changed Hearts and Minds Behind the Iron Curtain
https://pjmedia.com/oleg-atbashian/2013/04/12/how-thatcher-changed-hearts-and-minds-behind-the-iron-curtain-n8894
https://pjmedia.com/oleg-atbashian/2013/04/12/how-thatcher-changed-hearts-and-minds-behind-the-iron-curtain-n8894
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To the average consumer of the Soviet state-run media, that didn’t make any sense. … Recently I had a rare opportunity to repay my debt.…
The Great California Land Rush
https://pjmedia.com/victor-davis-hanson/2013/05/07/the-great-california-land-rush-n118704
https://pjmedia.com/victor-davis-hanson/2013/05/07/the-great-california-land-rush-n118704
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The debt is small? Governance is unusually competent? … Seventy-million extra mouths translate into an entirely new consumer class the size of France right here in the U.S., prompting new…
Interview: Kevin D. Williamson of NRO Explains Why The End is Near, And It's Going To Be Awesome
https://pjmedia.com/ed-driscoll/2013/05/07/interview-kevin-williamson-n257035
https://pjmedia.com/ed-driscoll/2013/05/07/interview-kevin-williamson-n257035
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And it’s on interest on the debt. And the biggest piece of that is entitlements, by a long shot. … Interest on the debt, of course, is a function of the other spending. … When you’re a consumer, you can fire Microsoft; you can fire AT&T; you can fire JPMorgan. …
The Stock Market Rally That Makes You Poorer
https://pjmedia.com/david-p-goldman/2013/05/01/market-rally-makes-you-poorer-n131273
https://pjmedia.com/david-p-goldman/2013/05/01/market-rally-makes-you-poorer-n131273
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If you take on debt to buy income from a business, you could get into trouble if business profits drop. … That’s why companies play this leverage game in sectors that have reliable income streams, for example consumer staples. … Below, we see the performance of the Consumer Staples ETF (XLP) against the Industrials (XLI) and Technology ETF’s.…
Franken Yet to Draw Serious Challenger in Minnesota
https://pjmedia.com/rick-moran/2013/05/26/franken-yet-to-draw-serious-challenger-in-minnesota-n178539
https://pjmedia.com/rick-moran/2013/05/26/franken-yet-to-draw-serious-challenger-in-minnesota-n178539
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Senate playbook, Franken has kept his head down, largely avoided national press and focused on populist issues like privacy and consumer … And the state Republican Party is reeling, debt-ridden and seeking to find its way after its Ron Paul-affiliated Senate nominee lost…
Obama and the Press Pretend There's 'Clearly' a Recovery
https://pjmedia.com/tom-blumer/2013/06/06/obama-msm-pretend-recovery-n8509
https://pjmedia.com/tom-blumer/2013/06/06/obama-msm-pretend-recovery-n8509
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In other words, everything else besides the consumer spending which Keynesians still erroneously believe drives sustainable growth … Friday’s key report was on consumer spending and income, both of which fell during April for the first time in a year — “unexpectedly … nothing but a Ben Bernanke bubble, the continuation of which almost completely depends on the consistency of the Fed chairman’s debt-buying…
The economics of the "Turkish Spring"
https://pjmedia.com/david-p-goldman/2013/06/03/the-economics-of-the-turkish-spring-n131297
https://pjmedia.com/david-p-goldman/2013/06/03/the-economics-of-the-turkish-spring-n131297
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Consumer debt outstanding has risen nearly 10-fold since 2006, and jumped by 40% during the past year. … As I noted in my April 23 essay, it is hard to reconcile a 40% annual increase in consumer debt with a 5% annual increase in nominal … consumer spending (inflation is running at 7%, so real spending is down by 2%).…
Student Loan Interest Rates to Go Up After Negotiations Fall Through
https://pjmedia.com/rodrigo-serme-o/2013/06/30/student-loan…nterest-rates-to-go-up-after-negotiations-fall-through-n8417
https://pjmedia.com/rodrigo-serme-o/2013/06/30/student-loan…nterest-rates-to-go-up-after-negotiations-fall-through-n8417
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“Helping graduates refinance their private student loan debt into more affordable terms frees up funds for them to buy houses, start … Vermilyea said balances of student loan debt are now greater than any other consumer loan product with the exception of residential … mortgage debt.…
The Deal with the Debt: Administration Accuses Congress of 'Playing with Fire'
https://pjmedia.com/bill-straub/2013/10/10/the-deal-with-the…t-administration-accuses-congress-of-playing-with-fire-n8103
https://pjmedia.com/bill-straub/2013/10/10/the-deal-with-the…t-administration-accuses-congress-of-playing-with-fire-n8103
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on our debt – we won’t,” Coburn said on CBS This Morning. … need for a separate vote on the debt ceiling. … The job of managing the federal debt falls to the Bureau of the Public Debt within the Treasury Department.…
President Obama Thinks Senator Obama was Nuts. How Come No One in the WH Press Asked Him About That?
https://pjmedia.com/bryan-preston-1/2013/10/08/president-oba…how-come-no-one-in-the-wh-press-asked-him-about-that-n182149
https://pjmedia.com/bryan-preston-1/2013/10/08/president-oba…how-come-no-one-in-the-wh-press-asked-him-about-that-n182149
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And because it’s called raising the debt ceiling, I think a lot of Americans think, it’s raising our debt. … It is not raising our debt. This does not add a dime to our debt. … debt, not decrease them.…
Ed Driscoll: New Media Master and Cultural Conquistador
https://pjmedia.com/david-swindle/2013/10/22/ed-driscoll-new-media-master-and-cultural-conquistador-n147507
https://pjmedia.com/david-swindle/2013/10/22/ed-driscoll-new-media-master-and-cultural-conquistador-n147507
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Times’ Fiscal Fantasies
It’s quite obvious that the vast majority of Bush 43′s presidency was marked by modest growth in public debt … There is almost certainly no end in sight in debt-to-GDP growth, despite Lauter’s contention, presented as if factual, that “the debt … And, it is not the full trillion dollars in new debt authority.
This is big.…
Small-Business Owners Shaken by Government Shutdown
https://pjmedia.com/rodrigo-serme-o/2013/10/18/small-business-owners-shaken-by-government-shutdown-n8071
https://pjmedia.com/rodrigo-serme-o/2013/10/18/small-business-owners-shaken-by-government-shutdown-n8071
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small-business owners told the Senate a day before Congress reached an 11th-hour deal on Wednesday to reopen the government and raise the debt … “The conversation has been going on for months about the shutdown and the debt ceiling. … A Gallup poll released Oct. 4 showed consumer confidence had dropped to its lowest since December 2011 and the Standard and Poor’s…
A No-Growth Obamacare Christmas?
https://pjmedia.com/tom-blumer/2013/11/04/a-no-growth-obamacare-christmas-n8015
https://pjmedia.com/tom-blumer/2013/11/04/a-no-growth-obamacare-christmas-n8015
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But on October 16, its consumer spending survey came back saying that “the average holiday shopper will spend $737.95 on gifts, décor … Mark Zandi, the ADP report’s chief economist, said in the report’s conference call that “the government shutdown and debt limit brinkmanship … product — and most forecasts for fourth quarter GDP were at 2 percent or below even before the ADP report and a recent dive in consumer…
Questions Rarely Asked—and Never Answered
https://pjmedia.com/victor-davis-hanson/2013/10/28/rarely-asked-never-answered-n118787
https://pjmedia.com/victor-davis-hanson/2013/10/28/rarely-asked-never-answered-n118787
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Obamacare, added millions to the disability and food stamp roles, grown the size of the federal work force, run up the national debt … If running up $6 trillion in debt and disrupting one-sixth of the U.S. economy with Obamacare are passé, what would not be? … (our service costs on the debt are actually less than during the 1990s in inflation-adjusted dollars when the debt was a third of…
The College Board Just Shot Itself in the Foot with Its New 'Adversity Score' Scheme
https://pjmedia.com/roger-l-simon/2019/05/17/the-college-board-just-shot-itself-in-the-foot-n218892
https://pjmedia.com/roger-l-simon/2019/05/17/the-college-board-just-shot-itself-in-the-foot-n218892
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Journal, not the least of which is that it will severely penalize middle-class families that stretch their incomes, sometimes go into debt … The proper approach would be a consumer-driven (i.e students and their families) higher educational system, not that institution-first … The consumer-driven system would naturally take on entirely different characteristics from our current one — cheaper and more effective…
The Alarming Spike in the Producer Price Index Should Force Biden to Change Course
https://pjmedia.com/rick-moran/2021/09/14/the-alarming-spike…cer-price-index-should-force-biden-to-change-course-n1478570
https://pjmedia.com/rick-moran/2021/09/14/the-alarming-spike…cer-price-index-should-force-biden-to-change-course-n1478570
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Far more than the Consumer Price Index (CPI), the PPI gives us a glimpse into future inflationary pressures that will eventually work … their way to the consumer. … administration, modern monetary theory, wherein the government can print an endless amount of money without regard to the national debt…
South Dakota 'Should Be Abolished,' Says 'New Republic' Writer
https://pjmedia.com/rick-moran/2021/10/07/south-dakota-should-be-abolished-says-new-republic-writer-n1522341
https://pjmedia.com/rick-moran/2021/10/07/south-dakota-should-be-abolished-says-new-republic-writer-n1522341
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credit card debt. … Bullough wrote in The Guardian in 2019, “South Dakota has a financial services industry, and the US has a trillion-dollar credit card debt … Noah didn’t mention that no one was holding a gun to the heads of those consumers who racked up a trillion bucks in credit card debt…
More Good News for Republicans Heading Into the 2022 Midterms
https://pjmedia.com/stacey-lennox/2021/10/06/more-good-news-for-republicans-heading-into-the-2022-midterms-n1521970
https://pjmedia.com/stacey-lennox/2021/10/06/more-good-news-for-republicans-heading-into-the-2022-midterms-n1521970
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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.…
On Stemming the Annual Flow of Year-End Special Interest Christmas Gifts
https://pjmedia.com/christian-josi/2021/10/25/on-stemming-th…l-flow-of-year-end-special-interest-christmas-gifts-n1526847
https://pjmedia.com/christian-josi/2021/10/25/on-stemming-th…l-flow-of-year-end-special-interest-christmas-gifts-n1526847
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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…
A Modest Proposal: Make Universities Pay for Student Debt Forgiveness
https://pjmedia.com/david-solway-2/2020/10/25/a-modest-propo…make-universities-pay-for-student-debt-forgiveness-n1085606
https://pjmedia.com/david-solway-2/2020/10/25/a-modest-propo…make-universities-pay-for-student-debt-forgiveness-n1085606
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According to Forbes, it is now the second-highest consumer debt category, higher than both credit card and auto loan debt, and behind … only mortgage debt. … Debt must be proportionately forgiven, not merely moderated and deferred.…
Chicago Will Start Ticketing Motorists For Going 6 MPH Over Speed Limit
https://pjmedia.com/rick-moran/2020/10/24/chicago-will-start…icketing-motorists-for-going-6-mph-over-speed-limit-n1084278
https://pjmedia.com/rick-moran/2020/10/24/chicago-will-start…icketing-motorists-for-going-6-mph-over-speed-limit-n1084278
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“This proposal is likely to send economically struggling Chicagoans further into debt while offering questionable benefits to public … council would still have to approve the increases as part of the annual budget process, tying property taxes to increases in the consumer…
The Morning Briefing: Joe Biden Is the Worst 5-Day President Ever
https://pjmedia.com/stephen-kruiser/2021/01/25/the-morning-briefing-joe-biden-is-the-worst-5-day-president-ever-n1406673
https://pjmedia.com/stephen-kruiser/2021/01/25/the-morning-briefing-joe-biden-is-the-worst-5-day-president-ever-n1406673
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permit, the Biden Administration has chosen to listen to the voices of fringe activists instead of union members and the American consumer … Moment and the Canard of High-Paying Green Union Jobs
The Assault on Greatness
The Basic Unfairness of Forgiving Student Loan Debt…
Interest Rate Hikes May Trigger an Avalanche of Household Debt while Badly Run Bank Collapses Capture the Headlines for Now
https://pjmedia.com/gregbyrnes/2023/03/12/interest-rate-hike…ly-run-bank-collapses-capture-the-headlines-for-now-n1677623
https://pjmedia.com/gregbyrnes/2023/03/12/interest-rate-hike…ly-run-bank-collapses-capture-the-headlines-for-now-n1677623
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An avalanche of consumer debt could come tumbling down unless a rising economy and slowing inflation suddenly materialize to rescue … It is quite another thing to carry an even larger consumer debt with inflation outpacing earnings and economic growth stalled at around … The share of current debt transitioning into delinquency increased for nearly all debt types.”…
GDP Numbers Point to a Recession Just in Time for the 2024 Presidential Election
https://pjmedia.com/rick-moran/2023/04/27/gdp-numbers-point…ion-just-in-time-for-the-2024-presidential-election-n1690868
https://pjmedia.com/rick-moran/2023/04/27/gdp-numbers-point…ion-just-in-time-for-the-2024-presidential-election-n1690868
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And fresh risks loom for Biden’s reelection campaign economy, including a potentially market-shaking fight over raising the debt limit … Consumer spending remained resilient but is also likely to come under more pressure as Covid-era savings run out and inflation continues…
Biden Mulls Extending Student Loan Repayment Moratorium as Legal Prospects Dim
https://pjmedia.com/rick-moran/2022/11/15/biden-mulls-extend…nt-loan-repayment-moratorium-as-legal-prospects-dim-n1645921
https://pjmedia.com/rick-moran/2022/11/15/biden-mulls-extend…nt-loan-repayment-moratorium-as-legal-prospects-dim-n1645921
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The moratorium on student loan debt repayments is set to expire on Jan. 1, 2023. … But the rationale for pausing debt repayment doesn’t exist anymore. … an already stressed consumer loan industry.…