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just imagine how bad it would be if Trump hadn't vastly improved the US economic climate. getting out of the fabricated Obama era - zero interest rate environment isn't going to be pretty or easy.
but let's blame Trump for everything. your steak over cooked? Trumps fault.
Could care less I drive a 90 f150 and a 90 jeep with a carb.Paid cash for both and do my own wrenching.What the heck is an airbag? I heard when they go off they kill you with shrapnel .My truck has a bumper sticker that says No passenger side airbag.
Well, there is a point where most everyone will care when it affects many markets.
Believe me, I get your point....but the country is about more than you and I. My cars are paid for, even my new one. We don't do car payments. We didn't get our first credit card until we were 30 and married for a decade (and that was a Sears card so I could buy tools!)...
In the scheme of economics and politics, tho, this stuff matters.
I don't think any pol is going to give a speech "Hey, you will all have to fix your own cars and pull in the reigns but, still, you should elect me".
"A record 7 million Americans are 90 days late on their auto loan payments, an economic red flag
When car loan delinquencies rise, it is usually a sign of significant duress among low-income and working-class Americans."
just imagine how bad it would be if Trump hadn't vastly improved the US economic climate. getting out of the fabricated Obama era - zero interest rate environment isn't going to be pretty or easy.
but let's blame Trump for everything. your steak over cooked? Trumps fault.
1. Trump Steaks closed their doors. Not valid.
"Trump Steaks is a discontinued brand of steak and other meats that was owned by Donald Trump"
2. I'm a lifelong veggie. But he did make my green beans turn army green from overcooking.
I used to work for this property management firm in NYC. it is a very small firm, pro Trump too. This firm used to pay its employees late, and at times would warn employees not to deposit checks until the following week. I don't think I can ever work back their again. People have lives too.
Summary of your post - it's not happening? Do I have that right?
Nope, you are wrong.
Quote:
Originally Posted by craigiri
I don't think I mentioned Trump in the OP...but let me look. NOPE. I didn't....although the last line asks whether those who believe him when he says "best economy ever" will take this seriously.
LOL, you understand that your posts are completely 100% anti-trump.....yes?
Quote:
Originally Posted by craigiri
I don't relish my losses in the market...and I, even more, don't relish young people not able to afford cars or education or houses. These are not good things.
Well, lets talk about this. Can the young afford the car they want or need? Can you tell us the ratios of young people that bought cars they wanted, but did not need? Can you tell us how many young people bought houses they wanted, but did not need? Can you tell us how many young people decided to do an education that has very little to help out society?
Quote:
Originally Posted by craigiri
See if you can tamp down your TDS and consider economics. It will be here long after Trump is unable to brag about how Great things are.
See, if you can really consider economics (wants not needs), you'd understand that what is happening today is not because of trump but because of what your savior obama started.
just imagine how bad it would be if Trump hadn't vastly improved the US economic climate. getting out of the fabricated Obama era - zero interest rate environment isn't going to be pretty or easy.
but let's blame Trump for everything. your steak over cooked? Trumps fault.
Great post...
Even as extremely simple your post is, the OP will not understand it....and you'll get flak from those that also don't understand what you stated.
I'm not shocked, auto prices are ridiculous now. If you're struggling financially, those big payments are going to be a lot tougher to make than payments in years past were.
As if I made up the Fidelity and other reports on what the Fed saw and said....amazing!
Don't blame the messenger. I was posting the same type of stuff in 2006 when all my rightie friends were claiming that it was my dislike of GWB's economic miracles that made me do it.
Realty is a bitter pill. Those of you with a big cushion...I'm happy for you. But some of the same young people who had to deal with the effects of the Great Recession now are unable to make car payments. That's not a net positive no matter whose flag you fly.
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