@EndWokeness Guessing the end result will be some commitments to make things in the states and we get a reduction in the tariffs othere countries are charging us
@CrankyRicky@realDonaldTrump Most people agree if tariffs stay it will cost consumers more. Assuming this is a negotiation tactic to get other countries to lower their tariffs and bring more jobs here which could help offset higher prices on goods with higher wages.
Let's give it time to see what happens
Having kids has really taught me how inefficient I used to be... What did I do with all my time.
I can do more with 2 uninterrupted hours than I could have all day before I had kids.
We live in a culture that rejects personal responsibility and acts as if there is virtue in playing the victim. How much better would we all be if we could take ownership for our lives and make choices to be better and grow each day
🚨🤯Fast facts on interest costs in Biden's budget:
Net Interest on the federal debt would average a jaw-dropping $760 PER MONTH per American household over the next 10 years!
That's quite the monthly credit card bill💸😱...
The debt would reach roughly $370,000 per household in FY 2034 and we'd spend 25% more on net interest than on the entire department of defense!
@EndWokeness@MrColionNoir
Have you seen this? What are your thoughts from a legal perspective. Looks like the guy on the right might have been drawing defensively, then shot by the clerk. Looking from a legal standpoint and how he could of reacted differently to not appear as a threat.
Biden's DOJ is suing SpaceX for not hiring more refugees. In other words, it demands SpaceX hire fewer Americans! But national security laws require that rocket companies hire American. This lawsuit is so nonsensical it suggests a political motivation.
https://t.co/3r6JFhkke8
Current Debt Levels:
1. Household Debt: $17.1 trillion
2. Mortgage Debt: $12.0 trillion
3. Auto Loans: $1.6 trillion
4. Credit Card Debt: $1.0 trillion
All of these balances are at a RECORD high.
Current Interest Rates:
1. Credit Card Debt: 25%
2. New Car Loans: 14%
3. Used Car Loans: 9%
4. 30Y Mortgage: 7.5%
The worst part?
Student loan payments are set to resume in one month. Total student loan debt just hit $1.6 trillion.
Will consumers be able to handle student loan payments on top of all of this?
Debt problem is an understatement.
The U.S. Now Has:
1. Record $17.1 trillion in household debt
2. Record $12.0 trillion in mortgages
3. Record $1.6 trillion in auto loans
4. Record $1.6 trillion in student loans
5. Record $1.0 trillion in credit card debt
Total mortgage debt is now more than double the 2006 peak.
Meanwhile, 36% of Americans have more credit card debt than savings while student loan payments are set to resume for the first time since 2020.
This is all while mortgage rates just hit 7.1% and credit card debt rates hit a record 25%.
We are "fighting" inflation with debt.
This can't end well.