American Credit Card Debt Soars Past $1 Trillion

New York Post: The credit card debt held by US shoppers surpassed more than $1 trillion for the first time ever as high inflation continues to drive up costs, according to a report published on Tuesday by the New York Federal Reserve. Credit card balances grew by $45 billion in the second quarter of this year — rising from $986 billion at the end of the first quarter to $1.03 trillion by the end of the most recent three-month period (New York Post).

CNN: Earlier Tuesday, Bank of America reported that more people were tapping their 401(k) accounts because of financial distress. The number of people who made a hardship withdrawal during the second quarter surged from the first three months of the year to 15,950, an increase of 36% from the second quarter of 2022 (CNN).

CNN’s Jake Tapper: “I feel like I’ve been noting this for three years — President Biden is out there heralding such and such, and the American people disapprove overwhelmingly! Three years in, we’re still having this conversation”


Over and over it has been pointed out that people have to spend 10k more per year now to make ends meet. How many poor and lower middle class got a 10k raise this year, or the last year or the one before that??

And it ALL started with one thing, Biden's war on f****l f**ls. We have the capability to reverse this, and in a clean way as well. But Biden and his l*****t i***ts want poor people to buy an electric car and save the planet. And how do we produce all that electricity? That's right, by burning f****l f**ls.

The psychobabble of the left has infected the west. We do not have much time left before the dollar collapses and we lose everything.

American Credit Card Debt Soars Past $1 Trillion

New York Post: The credit card debt held by US shoppers surpassed more than $1 trillion for the first time ever as high inflation continues to drive up costs, according to a report published on Tuesday by the New York Federal Reserve. Credit card balances grew by $45 billion in the second quarter of this year — rising from $986 billion at the end of the first quarter to $1.03 trillion by the end of the most recent three-month period (New York Post).

CNN: Earlier Tuesday, Bank of America reported that more people were tapping their 401(k) accounts because of financial distress. The number of people who made a hardship withdrawal during the second quarter surged from the first three months of the year to 15,950, an increase of 36% from the second quarter of 2022 (CNN).

CNN’s Jake Tapper: “I feel like I’ve been noting this for three years — President Biden is out there heralding such and such, and the American people disapprove overwhelmingly! Three years in, we’re still having this conversation”


Over and over it has been pointed out that people have to spend 10k more per year now to make ends meet. How many poor and lower middle class got a 10k raise this year, or the last year or the one before that??

And it ALL started with one thing, Biden's war on f****l f**ls. We have the capability to reverse this, and in a clean way as well. But Biden and his l*****t i***ts want poor people to buy an electric car and save the planet. And how do we produce all that electricity? That's right, by burning f****l f**ls.

The psychobabble of the left has infected the west. We do not have much time left before the dollar collapses and we lose everything.

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This liar Biden depends on our oil and gas usage from the enemy countries like Iran, Saudi Arabia, Venezuela. Please note that energy production on these countries is very toxic for atmosphere/pollution.
Unlike the US we have very sophisticated and clean energy production. Except Biden wants to use the foreign countries.
{C*****e C****e is a h**x. Like the C***d19 masking babies is a ho

Saudi Arabia has limited oil production that is why prices of oil and gas have gone up. Thus, inflation also went up again.

In addition to depending on foreign countries for energy supply when war is inevitable, we will have no power to fight. Thus, Biden surrenders to China his buddy.

When Trump comes along, we will be energy independent, and perhaps could supply Europe.