Searches for “Can’t pay credit card” hitting all time highs; Credit card spending is starting to collapse October 16, 2023 12:04 pmOctober 16, 2023 10:18 am
Gen-Z shoppers think using cash doesn’t count as spending, that anything under $5 is effectively FREE and that riding a $400 bike 400 times means it only costs a dollar October 13, 2023 12:55 pm
For the first time ever, the US is now spending more on interest payments for its debt than on national defense — The US national debt is also growing faster than the economy, which means that the government is spending more money than it is taking in. October 11, 2023 8:49 am
The Israel-Hamas tension could lead to more government spending, especially on defense, despite already high spending levels, due to the strong US-Israel alliance; The real “winners” of wars are those who produce weapons. October 10, 2023 9:29 am
Politicians keep sending cash overseas, and it’s coming back to haunt us October 8, 2023 8:44 pmOctober 8, 2023 8:01 pm
So much for cutting back on spending, US National Debt has now increased by over $2 trillion in just 4 months. October 5, 2023 6:20 pm
Homebuyers are now spending 50% of median PRE-TAX household income on house payments. Retail sales are drastically declining. September 29, 2023 9:55 pm
Many Americans are experiencing financial hardship due to the rising expenses of basic needs including housing, transportation, and credit card debt. Personal income fails to keep up with spending for three months. September 29, 2023 1:47 pm
After spending half this year in the hospital, Senator Feinstein dies at 90. She held onto power until the very end… September 29, 2023 9:38 am
Earnings being revised upwards despite leading economic indicators contracting; US deficit spending as a percentage of GDP is at its highest point outside of war or recession since 1960 September 25, 2023 2:35 pm
‘Bidenomics’ Is Failing Everyday Americans: The big spending has fueled higher inflation, resulted in larger-than-projected deficits, and contributed to a record level of debt. September 22, 2023 12:40 pm
JON GABRIEL: Congress ignored warnings about its pandemic spending. Now the bill is coming due. September 17, 2023 8:55 pm
Time to bilge the Establishment GOP RINO sellouts who always fold like cheap suits & sign off on the Biden’s out-of-control spending September 11, 2023 3:01 pm
Fed’s Beige Book August 2023: “Some Districts highlighted reports suggesting consumers may have exhausted their savings and are relying more on borrowing to support spending.” “Many contacts suggested “the second half of the year will be different” when describing wage growth. Ruh-roh… September 6, 2023 4:35 pm
“We currently are earning less and spending more (adjusted for inflation) than at the worst point of the Great Depression” August 31, 2023 10:35 am
JPMorgan predicts stocks may fall due to consumers spending excess savings from the pandemic. August 21, 2023 11:11 am
Hawaiian Electric focused obsessively on renewable energy. only spending $245,000 on wildfire safety over 3 years, $81,666 a yr August 18, 2023 3:09 pm
July’s US Industrial Production … Returns To 2007 Levels Despite Staggering Fed Monetary Stimulus And Federal Government Spending Spree August 16, 2023 9:08 pm
How To Stop Inflation Without A Recession? Slow Federal Spending And Shrink The Fed Balance Sheet (Return To Demand Economy From Obama/Biden’s Command Economy) August 15, 2023 2:52 pm