Recent content by bdgan

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    90 day credit card delinquency rate reaches 14%

    Affordability is a very legitimate issue but it's not something that Trump created (at least until the Iran war). It's also not something either party can quickly fix. When I say people need to cut back and do everything possible to get out of high interest debt it's not due to a lack of...
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    90 day credit card delinquency rate reaches 14%

    Wage growth has been greater than inflation for the last year and a half until last month. Credit card delinquency rate: Q4 2004 3.14% Q4 2025 3.03% Q1 2026 2.90% Credit Card Debt: Q4 2024 $1.08T Q4 2025 $1.06T May 2026 $1.08T Delinquency Rate on Credit Card Loans, All Commercial Banks...
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    90 day credit card delinquency rate reaches 14%

    I think you read my posts blaming the government for much of the housing problem. They kept interest rates artificially low for too long and people rushed to buy using 2.5% mortgages. That surge in demand drove up prices and now people don't want to sell and give up those great rates. That...
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    Washington Post Goes Full MAGA in Defense of the Wealthy?

    What fossil fuel subsidies are you talking about? Some people complain about things like depletion allowance but to me that's mostly just allowing an oil company to write off their investment. I read that companies have been got tax credits for carbon capture projects in the inflation...
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    90 day credit card delinquency rate reaches 14%

    I think you're wrong about some things. The affordability problem isn't new under Trump and it's not unique to the USA. The biggest concerns seem to be housing, health insurance, and groceries and those things aren't impacted by tariffs. I agree about the war/gas prices but that's just now...
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    What do you like on your burger?

    Some say that Cheeseburger in Paradise was inspired by Buffet's visit to Cabbage Key. The bar/restaurant there is typical Key West style with signed dollar bills hanging on the walls including one signed by Buffet. It's a neat place but the cheeseburgers are only average IMO.
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    Hey old people, quit being so slow at everything

    I've been behind EBT people who discover they bought more than their EBT card balance. Then you have to wait until the select what they want to remove.
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    Washington Post Goes Full MAGA in Defense of the Wealthy?

    Which subsidies are you upset about? This list says $1.9 trillion with $1.7 trillion going to individuals and $0.2 trillion going to businesses. People being able to deduct mortgage interest? Child credits? ACA premium tax credits? Earned income tax credits? Very few of these things go to...
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    90 day credit card delinquency rate reaches 14%

    I already answered that question. Trump proposed capping credit card interest rates at 10% because he understands that a lot of people are getting killed by high credit card interest. People like Elizabeth Warren agree and so do I (although maybe closer to 13%). Opponents say that banks would...
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    Male Contempt

    What parents (plural)? Percent of births to unmarried women: 1980 - 18% Since 2009 - over 40%
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    90 day credit card delinquency rate reaches 14%

    Who is "WE" and what should we "PAY" them?
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    90 day credit card delinquency rate reaches 14%

    You call it judgement and disdain but I call it reality and life. Encouraging people to spend money they don't have at 20%+ interest is financial suicide. Assume we have a friend who is doing this. I would advise them to do whatever they can to avoid this financial death spiral. Drive a...
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    90 day credit card delinquency rate reaches 14%

    It's difficult for some people. I never said otherwise. I think rents will come back into line over time. They got out of line at the same time housing prices took off. 7.0% 2021 6.5% 2022 3.4% 2023 2.9% 2024 2.7% 2025 Take it for what it's worth but the National Apartment Association says...
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    90 day credit card delinquency rate reaches 14%

    And how do you do that without it being inflationary? A lot of good paying jobs have gone offshore because costs are lower in other countries. Would you be willing to pay $200 for a shirt made in the USA compared to $40 for s shirt made in Asia? People want the lower cost AND the higher pay...
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    90 day credit card delinquency rate reaches 14%

    Your chart shows an average home price of $57,500 in 1977. I paid $50,000 so that's in the ballpark. Your chart shows an average home price of $214,200 in 2001. That's slightly under what my son paid in 2001. That tells me my numbers were pretty good and that home price inflation was...
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