American Credit Card Debt Rises - What's Contributed to This Trend, What Does it Signal?

1 year ago
2

Credit card debt has risen to close to $1 trillion total after trending down as recently as 2021. Is this a sign that Americans have shown full confidence in the economy or is something missing that the media is failing to report?

Article link:
https://www.foxbusiness.com/economy/credit-card-debt-rising-double-edged-sword-economy

The Hill:
https://thehill.com/opinion/finance/4093277-bidenomics-is-an-insult-to-millions-of-voters-living-paycheck-to-paycheck/

The Washington Times:
https://www.washingtontimes.com/news/2023/jul/11/bidenomics-equals-stagflation-bleak-american-futur/

National Review:
https://www.nationalreview.com/2023/07/bidenomics-spin-vs-economic-reality/

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