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Government gets fatter while Americans rack up record-high credit-card debt

“Kudlow” panelists Art Laffer and Steve Moore react to voters abandoning “Bidenomics” ahead of the 2024 presidential election. While the White House was giving a lecture. economic strengthAmericans are drowning in credit card debt, which reached a record $1.13 trillion by the end of last year. Of course, Americans are unhappy with the economy. We […]

Record-high credit card interest rates cost consumers $25 billion in 2023: report

According to one study, the average annual percentage rate (APR) on credit cards nearly doubled from 12.9% in 2013 to 22.8% in 2023, costing consumers about $25 billion in interest fees last year. new analysis By the Consumer Financial Protection Bureau (CFPB). The average annual interest rate reached a record high late last year, according […]

Record-High Credit Card Debt Brutalizes Middle Class in Biden’s America

Record-high levels of credit card debt “are primarily hurting low- and middle-income Americans, who tend to rent,” the far-left Associated Press reported. report. The AP article itself is a joke. Time and time again, they fail by using statements like “The U.S. economy is generally healthy,” or “The U.S. economy is currently doing better than […]

Trump claims credit for record-high stock market under Biden

Former President Donald Trump, who is predicting economic ruin if he is not re-elected to the White House, said Monday that more than three years after leaving office, he should take credit for the stock market’s recent highs. In a post on his platform Truth Social, President Trump claimed that polls showing him ahead of […]

Alejandro Mayorkas Blames Mexico For December’s Record-High Illegal Immigration Surge

Homeland Security Secretary Alejandro Mayorkas on Monday blamed Mexico for December's record surge in illegal immigration at the U.S.-Mexico border. More than 300,000 illegal immigrants entered the United States in December, the largest monthly increase on record, forcing the temporary closure of railroad crossings.mayorcas Appeared Before reporters after visiting the U.S. Customs and Border Protection […]