Credit card balances are soaring, and that's a GOOD thing?!?
It depends who you are.
#5 | Posted by REDIAL at 2026-05-08 12:09 AM | Reply
The amount of Americans that are FINANCING their weekly grocery purchases has doubled in the past year.
This is a windfall for banks and their billionaire CEO's.
The US government is running a $2 TRILLION deficit because of tax cuts to the same billionaires. They then buy up US treasuries to fund the deficit. So now they are earning interest off of the tax cuts they got.
This entire K shaped economy has been rigged for the 1% to flourish at the expense of the rest.
But yeah, Hassett will come out and tell the public to enjoy the ---- sandwich they're serving before they take it away.
Just wait until the "we can no longer afford to pay social security benefits" deficit "hawks" come out. They're just hiding until after the mid terms.
But just last week he said that Iran was agreeing to all of his demands and begging to surrender.