Bribed Joe's Formula: Mess Things Up, Blame Trump, Congress

Macroeconomics is not mind control.

Do you not understand the correlation between inflation and macroeconomics?

 

They understand it, they think that downplaying it helps Bribed Joe and the Dems, politically.

Credit Card Debt, Delinquencies Have Become Burden for Americans



Government Inflation Data ignores interest payments, which have skyrocketed for many Americans.

EVERYTHING IS SO EXPENSIVE

'US consumers paid almost 50 per cent more in credit card expenses last year than in 2020, the year before President Joe Biden took office. Credit card interest and fees increased by $51bn in that time to $157bn, according to data provided by US banks to the Federal Deposit Insurance Corporation. Delinquencies on credit card loans are also running at their highest level in almost 13 years, according to data from Moody’s Analytic. The debt concerns come amid polling showing Americans remain gloomy about the Biden economy. Half of Americans feel worse off than four years ago under Donald Trump and rate the former president’s economic performance far higher than Biden’s. Credit card balances are at a record high.'