I think the democrats have found their next give away.... Credit card debt forgiveness.
Courtesy of #BIDENFLATION......
Americans were getting ahead under BAD ORANGE MAN......
https://www.cnbc.com/2022/11/15/hou...s-credit-card-use-surges-fed-report-says.html
Courtesy of #BIDENFLATION......
Americans were getting ahead under BAD ORANGE MAN......
https://www.cnbc.com/2022/11/15/hou...s-credit-card-use-surges-fed-report-says.html
- Households increased debt at the fastest pace in 15 years due to hefty increases in credit card usage and mortgage balances.
- The credit card balance collectively rose more than 15% from the same period in 2021, the largest annual jump in more than 20 years, according to the New York Fed.
- The increase stems from “a combination of robust consumer demand and higher prices,” a Fed official said.