Economy and stock market is about to melt down. People have no savings left and cannot keep their heads above the rising tide of inflation.
And… they're gone pic.twitter.com/Ste5lX08Za
— zerohedge (@zerohedge) August 18, 2023
SAN FRANCISCO (KGO) — This week, for the first time, American credit card debt surpassed $1 trillion.
Getting into credit card debt at any time is not good, but this is a particularly bad time to rack up debt.
Yohani Solano lives in Hayward and says she doesn’t live beyond her means and doesn’t carry any credit card debt.
“I learned to respect money through credit cards,” she said. “They charge a lot. A lot, if I don’t pay at the end of the month.”
https://abc7news.com/credit-cards-card-debt-balance-interest-rates/13633953/
An overwhelming majority of Americans are disappointed with President Biden’s handling of the U.S. economy, according to a new poll released Thursday.
The poll, conducted by The Associated Press and NORC Center for Public Affairs Research, found that just 36% of Americans approve of Biden when it comes to the economy, lower than his overall approval rating of 42%.
Biden’s economy numbers remain as low as they were two months ago, despite weeks of pushing his “Bidenomics” messaging from the White House. According to the poll, 55% of Democrats say Biden should not run for president again, though 82% indicated they would vote for him if nominated.