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"Young consumers who have managed to purchase cars aren’t having an easy time paying off their loans, according to data from credit reporting agency TransUnion. Gen Z and millennial borrowers are now dealing with higher auto loan delinquency rates than before the pandemic."
"The good times of easy credit seem to be coming to a close as subprime borrowers are increasingly falling behind on payments. That scary trend is happening on debts ranging from credit cars to vehicle loans. Car loan defaults hit 8.8 percent in February, a 15-year high, according to Equifax."
So young people are having a hard time paying off their car loans, and you blame that on "failed leadership from Democrats"? What exactly do you think Democrats SHOULD be doing to help these 'subprime' borrowers? What would republicans being doing, if they were in power, that would prevent this situation?
It's easy to stand around and say "this is bad; that is bad". Unless you have some proposed solution, what is your point (other than to get your jollies out of other people's misery)?
Communists don't call them "useful idiots" for nothing.... It works like that all over the world. The communist playbook is the same everywhere is it used.
And communism always fails because depending on government for your survival is about as smart as licking lamp posts in the middle of winter.
What's with all the "communism" crap? Who is calling for communism? Can you point to a single post on this forum where the poster said communism would be the solution to this kind of problem?
What's with all the "communism" crap? Who is calling for communism? Can you point to a single post on this forum where the poster said communism would be the solution to this kind of problem?
Are you living under a rock??? You have socialists all around you in government. The kind that proudly tell you they are socialists. We've always had socialist/communist parties in the political arena, for well over 100 years in the United States. FDR was probably our first socialist president, but he won't be the last. Your system itself is a fusion of socialism and capitalism. Where have you been?
Time to wake up kiddies, they are stealing your lunch money...
What's with all the "communism" crap? Who is calling for communism? Can you point to a single post on this forum where the poster said communism would be the solution to this kind of problem?
I agree. "Communist" has been a scare word since the 1950s and to a certain party's delight, it works just as well now as ever. It's Pavlov's Talk Point. Yell "Communism" and there is a collective scream. Ding-ding.
So young people are having a hard time paying off their car loans, and you blame that on "failed leadership from Democrats"? What exactly do you think Democrats SHOULD be doing to help these 'subprime' borrowers? What would republicans being doing, if they were in power, that would prevent this situation?
It's easy to stand around and say "this is bad; that is bad". Unless you have some proposed solution, what is your point (other than to get your jollies out of other people's misery)?
I see this attitude from the left more and more. "Well, what would you do?" At first I took this to be a sarcastic way of putting the right down. I'm starting to sense a bit of desperation in those pleas as it changes to: Seriously, what would you do? We have no idea.
My answer is: We didn't break it and we are in no position to fix it. Step out of the way and let us show you.
So young people are having a hard time paying off their car loans, and you blame that on "failed leadership from Democrats"? What exactly do you think Democrats SHOULD be doing to help these 'subprime' borrowers? What would republicans being doing, if they were in power, that would prevent this situation?
It's easy to stand around and say "this is bad; that is bad". Unless you have some proposed solution, what is your point (other than to get your jollies out of other people's misery)?
It isn't the responsibility of the Republicans to solve these problems. The Dems wouldn't listen anyway.
Biden and the Democrats preached about how they had all the answers with their Green New Deal and Build Back Better. Now that we have high inflation and high energy costs because of their policies, it's obvious that the Dems are in it way over their heads.
All the misery people are feeling comes from one person and one place. The idiot currently sitting on his duff in the Oval Office. The fish stinks from the head down but Biden would rather point the finger at everybody else.
I agree. "Communist" has been a scare word since the 1950s and to a certain party's delight, it works just as well now as ever. It's Pavlov's Talk Point. Yell "Communism" and there is a collective scream. Ding-ding.
Sorta like "ebola". Some things earn their reputation.
I agree. "Communist" has been a scare word since the 1950s and to a certain party's delight, it works just as well now as ever. It's Pavlov's Talk Point. Yell "Communism" and there is a collective scream. Ding-ding.
I agree. This ship is unsinkable. And the idiots in the lookout towers keep yelling "iceberg." It slows us down and we'll never make it to New York if they don't shut up and let us plow right on through them. And the damn band stops playing in the ballroom every time one of these morons yell. And the bartender stops mixing my martinis. SHUT UP, and full steam ahead!
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