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Americans have depleted their excess savings and are now depleting their credit lines as well. The percentage with delinquent credit card debt is approaching the peak at the end of the dotcom bubble.

  • anticolonialist@lemmy.worldOP
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    5 months ago

    Just admit you didnt read the article. It didnt blame anyone for the dot com bubble or inflation on Biden.

          • anticolonialist@lemmy.worldOP
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            5 months ago

            It was picked because it contradicts the BS coming out of the WH that things are great, nothing to sorry about. Which is one of the many reason hes bleeding support. He and his press secretary go on and on about how great things are, but we are experiencing the exact opposite in our lives. The blatant lies tell us they are not listening to our concerns and dont care.

            • zettajon@lemdro.id
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              5 months ago

              ELI5 what you’d do if president, with the exact same 2 houses of Congress and the same supreme court of 2024, to fix everything that is not great with our lives.

              Also, check your non-housing and non-food expenses from 2018 vs today’s, and see if you’re spending way more on non essential fun things. Usually disposable income is a telling sign of how good things are.