and thinks you are very stupid.
National Economic Council Director Kevin Hassett: so the consumer is really, really firing on all cylinders just like the corporate sector you’re seeing in the earnings reports, and they’re doing that because they have so much more money in their pockets. In fact, I had the head of one of the big five banks in my office yesterday going through the credit card data. And just as Secretary Bessent said, credit card spending is through the roof. They’re spending more on gasoline, but they’re spending more on everything else, too.
Posted by jimberkas
4 Comments
Wow. So (war)inflation is an indicator that the economy is good?
“they have so much more money in their pockets” and they are proving it by sending their credit card spending “through the roof!”
It’s not the government that’s the problem it’s the ultra rich.
duh some people have always known that…for others i get it its new…how did that kool aid taste?