[ChicagoConservative27]

But pudding mouth said everything is fine. What gives??

[17th Miss Regt]

Another Bidem administration achievement! Did you hear that? Record highs! The economy is doing just great!

[moovova]

Are people treating their homes like ATM machines again? Home values have shot up and that cash is now just sitting there. That didn’t end so well last time (2007-08).

[adorno]

Credit card delinquencies?

No problem.

Biden will pay them off too, just like the student loans.

Quick, everybody...

Go and buy everything you can on credit, and don't worry about it. Biden will rescue you too. But, you have to promise to vote for him and democrats.

And, don't worry about paying your mortgages or rents. Those are next in Biden's rescue plans.

[dfwgator]

Next comes forgiveness of credit card debt.

[rmccullo]

The interest rate on my wife’s JCPenny’s card shot up to 34.99% recently. Now she doesn’t use it much and we always pay off what little balance is there, if any, as soon as it’s due, but geezz....34.99%?!? Wow.

I told her to cancel the card.

[AZJeep]

I visited Argentina once. The country used to be one of the richest countries in the world, it has huge natural and people resources. When president Peron started its popular development program, it got into unrestrained spending sprees on doubtful government projects, financed by massive printing of money.
As a result, Argentina lost not only the World very rich country statue, but it is now considered among world poor countries.

The Argentinians were led to believe that printing money does not harm the economy, but they learned the hard way, it does!

Bidenomics seems to me as US version of Peronism.

[Dr. Sivana]

a record number of “active accounts” have “a balance of over $2,000,”

That's because the price of groceries and prescriptions are at an all time high. My wife's credit card is over $2,000 every month for basics, and I pay it off every month. No delinquency, but always above $2,000.

[Texas resident]

In the Biden bubble, everything is fine.