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Lonestarblue

(13,156 posts)

3. And how much has credit card debt increased since Trump raised prices on most items with his tariffs?

Reply to BumRushDaShow (Original post)

Sun Nov 30, 2025, 06:44 AM

Nov 30

“Credit card debt reaches $1.21 trillion — in line with last year’s all-time high, NY Fed finds”. https://www.cnbc.com/2025/08/05/ny-fed-credit-card-debt-second-quarter-2025.html

At what point will we see people lose their homes and cars because they can’t afford to live on their earnings. The US economy feels like it’s now built on a shaky house of cards created by Trump and his Republican sycophants.

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ForgoTheConsequence Vinca Calico20 yardwork Blasphemer kcoates

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Highlight:

K-shaped economy and inflation boost Black Friday sales by 4.1% from last year, online spending jumps 9.1% [View all] BumRushDaShow Nov 30 OP

So basically no increase.... Lovie777 Nov 30 #1

Not only no increase popsdenver Nov 30 #15

Incorrect Polybius Nov 30 #23

I believe you are correct Progressive dog Monday #25

I remember being a young man when I first got into stocks Polybius Nov 30 #22

Was out and about the past couple of days Deminpenn Nov 30 #2

And how much has credit card debt increased since Trump raised prices on most items with his tariffs? Lonestarblue Nov 30 #3

Some people add too much debt to their load over the holidays. People need to think twice about purchases. Vinca Nov 30 #4

Only 1 in 5 Americans are debt free. Gimpyknee Nov 30 #5

By design. (n/t) OldBaldy1701E Nov 30 #7

I try to be, only putting a small amount on the credit card every so often and then paying it off quickly. Vinca Nov 30 #11

I tried the spending boycott thingy. I gave up. It was just too hard not to spend my money. Hotler Nov 30 #6

The rich are desperate to make things look like they are great. OldBaldy1701E Nov 30 #8

It may be a hundred years later but history is about to repeat itself Bluestocking Nov 30 #9

Yes, it is Deminpenn Nov 30 #18

Matches What I Saw Yesterday In Philly modrepub Nov 30 #10

Not surprised, as TV has been blaring non-stop Black Friday sales shit for weeks and weeks. RedWhiteBlueIsRacist Nov 30 #12

Just my personal experience: I went to Walmart on (Black?) Friday in my little town BComplex Nov 30 #13

I was a Corporate Executive in Retailing popsdenver Nov 30 #14

How much of the increase is the result of adding in tariffs to the price twodogsbarking Nov 30 #16

Yawn...so what? People will put all of Christmas on plastic so they can have a Christmas Bengus81 Nov 30 #17

So much for the boycott. mdbl Nov 30 #19

I personally don't think the boycott made sense iemanja Nov 30 #20

Maybe from the standpoint of the entire season mdbl Nov 30 #24

I am visiting my mother in law in Arizona kimbutgar Nov 30 #21

What is a K shaped economy? Marthe48 Monday #26

There's an explanation here (it can be applied to any 2 sectors of business) - BumRushDaShow Monday #27

Thank you! Marthe48 Monday #28

Most welcome! BumRushDaShow Monday #29