It’s way worse than I expected. ATL has it at 1.5% now.
Holy ■■■■■ That’s not good. That’s not good at all.
Thats exactly what you should expect undsr trump…he is gonna run this ship into a stack of nukes.
everyone who knows how to read can see the economy is slowing.
Today was the yikes moment for some.
Others take the ostrich approach for political reasons.
Allan
Yep. The article clearly states that car loans surged in 2016. Probably due to confidence in trump economy. The problem now is that the “trump economy” and tax cuts are a scam and people arent seeing rising wages or better jobs. But your CEO probably got a nice bonus to take a long vacation in the bahamas on his yacht.
Suddenly many of the dems want to talk about economics. Which is fine, but It’s because the Russian collusion story is dead… Senate intel committee findings are sinking in… Hee, hee, hee…
Just the flavor of the day. it is huge news that retail sales for CHRISTMAS were down so much
and that people arent making their car payments.
Allan
And people are wondering why socialism is creeping into the discussion…SMH
Ouch, that is not good at all.
Im pretty sure just yesterday we were talking about the judge ruling in the manafort case
Let them go.
It’s all bad news. They need to pick the fly ■■■■ out of the pepper to try and feel good about the abysmal President we have.
Brah, I’ve been talking about the economics non-stop for the past several years. Back when you peeps were calling the underlying data fake.
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From the article…
“Most of the people who are behind on their bills have low credit scores and are under age 30, suggesting young people are having a difficult time paying for their cars and their student loans at the same time.”
Isn’t odd how the universities (ran by leftists )drastically raised tuition during Obama, and that Hillary was running on forgiving student loans… Sounds like they created the problem on purpose…
Obviously just welfare queen democrats living beyond their means!! The Trump Train Economy is amazing! Real patriots love Trump and this amazing economy with 2% GDP, trillion dollar deficits, a stalled stock market, and massive debt! #MAGA!
This post makes no sense. The politics section has a plethora of different subjects started by many of our democratic friends.
Oh thats rights you are indulging in the age old tactic of deflection.
“They” didn’t create the problem. This has been building for a while.
And I think you are confusing Hillary Clinton for Jill Stein who was running on student loan forgiveness.
Yep. Look at that graph! Totally skyrocketed under Obama!
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What we desperately need is for companies to lower wages some and increase dividend payments to the stock holders and also increase stock buy backs to increase the price and value of their stocks for the stock holders.
Then we need to cut taxes on capital gains and get rid of any kind of tax on estates of the wealthy.
Further corporate tax cuts would enable them to buy back more stock. The record buy backs brought about by the last cuts could be improved upon and again, this would also help more Americans be able to afford their bills.
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Many years ago, I noticed a trend and told…GMAC how they could save millions of dollars. In 2016, an estimated 15.5% of the population smoked cigarettes. I noticed that over half of the repossessions were from smokers. People would choose to buy cigarettes rather than pay for their car. If you stopped loaning to smokers, you’d tremendously reduce the number of repossessions.
Yeah but the cost started going up in anticipation if Obama becoming POTUS. Or something.
