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Thread: Consumers Use Credit Cards for Necessities as Inflation Cuts U.S. Incomes

  1. #61
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    Re: Consumers Use Credit Cards for Necessities as Inflation Cuts U.S. Incomes

    Quote Originally Posted by SheWolf View Post
    That's ridiculous and so is your post. Highly doubt there is an opening for her husband to take there,
    LOL, she wasn't requesting serious leads, you misunderstood the post.
    and furthermore, those are very extreme examples.
    God, I sure hope so.

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    Re: Consumers Use Credit Cards for Necessities as Inflation Cuts U.S. Incomes

    Quote Originally Posted by Taylor View Post
    Obama will do it for them, or for someone else.
    A lot of people running against him aren't tea party though...

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    Re: Consumers Use Credit Cards for Necessities as Inflation Cuts U.S. Incomes

    Quote Originally Posted by SheWolf View Post
    The tea party is a trend for the ignorant...
    I can see why some might perceive attempts to talk common sense to a bunch of naive, angry leeches as ignorant, but I gotta credit them for at least trying to do something to counter all the spending demanded by the underachievers on the left. You gotta have at least a little compassion SheWolf for people who feel incapable of even buying their own insurance until age 27 and don't know where to turn when Daddy finally takes the credit card away.

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    Re: Consumers Use Credit Cards for Necessities as Inflation Cuts U.S. Incomes

    Quote Originally Posted by Taylor View Post
    I can see why some might perceive attempts to talk common sense to a bunch of naive, angry leeches as ignorant, but I gotta credit them for at least trying to do something to counter all the spending demanded by the underachievers on the left. You gotta have at least a little compassion SheWolf for people who feel incapable of even buying their own insurance until age 27 and don't know where to turn when Daddy finally takes the credit card away.
    The TP message is nothing new, but it's still a trend which is why it looks ignorant to me. It's just the same people with the same damn message, but on steroids. You really think poor, lazy people are to blame for the situation this country is in? I don't know many people who are demanding welfare. I know some people just want to protect medicare and their SS, but instead of having an actual conversation about it, you prefer to scapegoat them, write them off as "leeches," all while dressing up in costumes and waving signs with stupid slogans around.

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    Re: Consumers Use Credit Cards for Necessities as Inflation Cuts U.S. Incomes

    Yeah and I have a question... for all the a damn scapegoating and complaining people do on this board about leeches and the welfare system, when is the last time a Republican ran on actual welfare reform? I honestly think it's just simple scapegoating and distraction. They NEVER propose to do anything about this situation but they always fan the flames, and when it comes to other things like SS and medicare, those are mostly very popular programs that they would NEVER publicly run on destroying. You guys are just being used, and it's the definition of ignorance.

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    Re: Consumers Use Credit Cards for Necessities as Inflation Cuts U.S. Incomes

    Quote Originally Posted by tessaesque View Post
    Really? None at all? People have managed their budgets so well and cut out waste so well and eliminated extraneous expenses SO WELL that they are now so destitute that they cannot pay for "necessities" with anything but credit? Really?

    This isn't 1930, stop being a drama queen.
    So tell us all, tessaeque... why is the middle class disappearing? Why are more and more people going into poverty? What is you explanation of this?
    Is it because they eat out a lot, have cell phones and drive expensive cars, or is it because their pay has not changed much in the last 25 years?
    No men are anywhere, and Im allowed to go in, because Im the owner of the pageant and therefore Im inspecting it, Trump said... Is everyone OK? You know, theyre standing there with no clothes. Is everybody OK? And you see these incredible looking women, and so I sort of get away with things like that.

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    Re: Consumers Use Credit Cards for Necessities as Inflation Cuts U.S. Incomes

    Quote Originally Posted by SheWolf View Post
    when is the last time a Republican ran on actual welfare reform? I honestly think it's just simple scapegoating and distraction. They NEVER propose to do anything about this situation but they always fan the flames,
    In the 90's, with one of the most successful pieces of social legislation in decades. The government was better off, the taxpayer was better off, the economy was better off, and best of all, the former welfare recipients were better off.

    All of this despite comparisons to nazi death camps, Ted Kennedy calling it "legislative child abuse," Rangel predicting it would send millions of children into poverty, others democrats proclaiming, "The Republicans! They're coming for the children. They're coming for the poor. They're coming for the sick, the elderly, and the disabled," etc. etc.

  8. #68
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    Re: Consumers Use Credit Cards for Necessities as Inflation Cuts U.S. Incomes

    Quote Originally Posted by lpast View Post
    Consumers in the U.S. are increasingly using credit cards to pay for basic necessities as income gains fail to keep pace with rising food and fuel prices.

    Consumers Use Credit Cards for Necessities as Inflation Cuts U.S. Incomes - Bloomberg

    The middle class who used to rely on their homes as savings have seen their home value plummet to where their mortgages are higher than worth of their houses..

    This is the lowest Ive ever seen the middleclass in my lifetime, the worst postion they have ever been in...and the teaparty keeps RAGING how they need to rip the genitals off public workers and Abolish social security and medicare...

    This is the most disgusting display of greed in my lifetime also...and I pray it all backfires and blowsup in their faces.. This is truly dispicable
    well - many issues to point to.

    #1: Homes should never be considered 'money in the bank' such as would be literal money in the bank.
    #2: Social security and medicare is a different issue than 'the middle class' and 'excessive credit debt' - so comparing the two leads to nowhere pretty quick.
    #3: If people are relying on credit cards -then what are they spending their actual money on? Perhaps what should be in order is a willingness to alter ones lifestyle *before* things get bad - a bit of pre-emption might (have) gone a long way for many.
    A screaming comes across the sky.
    It has happened before, but there is nothing to compare it to now.
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    Re: Consumers Use Credit Cards for Necessities as Inflation Cuts U.S. Incomes

    Quote Originally Posted by SheWolf View Post
    The TP message is nothing new, but it's still a trend which is why it looks ignorant to me. It's just the same people with the same damn message, but on steroids. You really think poor, lazy people are to blame for the situation this country is in?
    It has nothing to do with them being poor. It's the victim/entitlement/envy mentality. The belief that they are not in control of their lives, that they are victims, that many of their problems are the fault of others, that those with more deserve to be punished because the success they envy could only have come from their own misfortune.

    They are the people born in a country full of opportunity who nonetheless stand on the street corner begging for money while a group of immigrants from truly impoverished backgrounds are hard at work repairing the street behind them. One foreman said it best... "sure I'd prefer to hire American citizens, but they're only looking for a job, I need people who are looking for work."
    Last edited by Taylor; 07-22-11 at 12:15 AM.

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    Re: Consumers Use Credit Cards for Necessities as Inflation Cuts U.S. Incomes

    Quote Originally Posted by Middleground View Post
    Is it because they eat out a lot, have cell phones and drive expensive cars, or is it because their pay has not changed much in the last 25 years?
    It's because many of the jobs they were paid to perform have become obsolete. Certainly many of the jobs lost in the past few years are never coming back. It may be another decade before we get back down to 5% unemployment.

    Kind of makes you want to do everything you can to support innovation and new business opportunities. At least, that's how some of us feel.

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