For our resident psychopath, @Tony Stark
*Lots of hyperbole in this but structural sound argument on third parties*
*Lots of hyperbole in this but structural sound argument on third parties*
Election 2024 Foreplay
- Thread starter TreeFrogTrader
- Start date
Meh. It can be said that the consumer is no longer paying down debt with stimulus but credit card debt is not an issue. Americans can actually hold a lot more debt than they are now.
Yeh, well, why don't you tell that to your dem ilk and have them start making the case that they do not need student debt relief.
NEVERMIND. We know that will not fly with dems.
Meanwhile you and your ilk got some screwball economics and theories going. You argue that growing credit card debt is a problem and in fact "Americans can actually hold A LOT MORE." All while increasingly being priced out of the housing market. Let' see how racking up more credit card debt help's that.
Yo everyone- heads up- Christmas is coming. You might want to buy UsualTard's new book: Spending Your Way to Prosperity.
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Donald Trump now leading in the polls in Canada.
Little joke there, OR NOT.
Trudeau blames 'right-wing, American MAGA' after Canadian Conservative Party votes against Ukraine bill
Trudeau blames 'right-wing, American MAGA' after Canadian Conservative Party votes against Ukraine bill (msn.com)
Little joke there, OR NOT.
Trudeau blames 'right-wing, American MAGA' after Canadian Conservative Party votes against Ukraine bill
Trudeau blames 'right-wing, American MAGA' after Canadian Conservative Party votes against Ukraine bill (msn.com)
Probably not what you’re trying to argue but America has spent its way to prosperity through the 20th century and into the 21st century. Spending at a 20% deficit isn’t ideal but not uncommon for us either.
As to the connection between personal debt load and housing prices the two can intersect but aren’t exactly directly related. At least in the traditional sense. Housing prices are normally connected to inventory and inventory is low. With low inventory and high housing prices renters get screwed. The fix here is to build more houses.
They sure as hell are directly related at the individual consumer level and the sum total of individual actions impacts the economy as always.
Trying to afford a house while increasing- or having already overwhelmingly burdened- your credit card debt is not the smartest way to go.
Not going to pay your student loans that way either. And many of those racking up their credit card debt now- with more to come- are are already crying that they will never be able to afford a home, Extra credit card debt will not help that, Oh I see. If Biden is re-elected there will be more cockeyed student debt relief (a new "special category" every month) and then a credit card debt relief program too.
The need to build more housing is overwhelming and has been for a long time, so need to even start down that road with me. It is an area where Biden could have done a lot of good- by focusing on traditional dem areas- but instead squandered his presidency with woke shit. And now we have a guns or butter issue with all his various wars current and anticipated.
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