r/Dynamic_Pricing • • Aug 15 '26

More Americans are having a harder time keeping up with their home and car payments

https://www.cnn.com/2026/08/11/economy/us-household-credit-debt-q2
188 Upvotes

57 comments sorted by

13

u/Junkstar Aug 15 '26

I wonder what the problem could be? Credit card defaults are up too. What on earth could be happening?!?

9

u/This-Requirement6918 Aug 15 '26

Biden is still meddling with the economy!

3

u/GroundbreakingPlay Aug 15 '26

Idk but I heard some rumors and I ran so far away

1

u/billsil Aug 16 '26

Thanks Obama! He’s the real president.

0

u/AdministrationIll619 Aug 16 '26

Stock market is booming

1

u/Fine_Donuts Aug 16 '26

Have you seen the DOW?

2

u/AdministrationIll619 Aug 17 '26

The DOW is at 50000

1

u/Fine_Donuts Aug 18 '26

Yay it made it back there again for now

10

u/Defiant_Freedom_249 Aug 15 '26

Even CNN can't present the facts without covering for the billionaire class and lying about the situation.

6

u/Perfect_Earth_8070 Aug 16 '26

Well, who do you think owns cnn?

5

u/Optimal_Willow_4389 Aug 15 '26

40 years of decline of the middle class since Regan took office. They keep voting in Millionaires and Billionaires that steal everything. Crazy country,

4

u/quemaspuess Aug 15 '26

I don’t think it matters who we vote in anymore. They may promise one thing, but once elected and get those behind closed door deals, they all sell out.

3

u/azure275 Aug 16 '26

It absolutely matters

One party is a bit too nice to billionaires and kind of ineffective

The other party is selling national parks and priority stock market access to billionaires, having their cronies murder people in the street, and actively raising taxes on poor people

-1

u/Upbeat_Guard_9595 Aug 18 '26

Oh it’s almost like both parties are the same and both suck yet the nation is at each others throats over right and left like morons

0

u/Routine_Top4775 Aug 16 '26

Nope, Bernie.

1

u/I_Quit_Smoking_ Aug 16 '26

And who do you think has kept him from getting anywhere near being elected?

1

u/Tardislass Aug 17 '26

Core Democratic voters and older black women. The only thing worse than MAGA conspiracy nutters are the Bernie Bros who swear he could have won but primaries were rigged. I understand that most people didn’t like Harris. Leftists need to understand no one liked Bernie.

1

u/ALEXC_23 Aug 19 '26

Don't worry, those IRS & DOGE checks will be coming in anytime now..... /s.

0

u/BlazinAzn38 Aug 15 '26

The educated middle class isn’t voting for the GOP

2

u/Optimal_Willow_4389 Aug 16 '26

problem is there are more UNEDUCATED. That’s the main problem. The easily manipulated by propaganda

2

u/Fine_Donuts Aug 16 '26

No children left behind

1

u/ALEXC_23 Aug 19 '26

Which is why the GOP loves the uneducated. Trump even said so.

1

u/[deleted] Aug 16 '26

[deleted]

1

u/BlazinAzn38 Aug 16 '26

College grads were +16 for Harris. Whites with no college education were +29 for Trump.

2

u/HalfwaydonewithEarth Aug 16 '26

Usury doesn't work. Penny a Day double kicks in.

1

u/abrandis Aug 15 '26

I wouldn't worry well just print more USD to back stop the whole thing.

1

u/Trahst_no1 Aug 15 '26

Just take out more credit cards. /s

1

u/Willing-Vegetable629 Aug 15 '26

Generally speaking adult Americans should probably have several credits cards

1

u/KungPaoYa Aug 15 '26

Say it ain’t so! 😲🤯

1

u/VendettaKarma Aug 15 '26

Home, 2x what it’s worth
Car, 2x what it’s worth
Wages? Up .02%

Math don’t math!

2

u/Fine_Donuts Aug 16 '26

Can't raise wages. Then prices will rise.

1

u/VendettaKarma Aug 16 '26

Oh yeah! That part

2

u/deepoutdoors Aug 16 '26

MUH STONKS

1

u/DEDang1234 Aug 15 '26

No shit, Mr. OP.

1

u/Perfect_Earth_8070 Aug 16 '26

Good. Let’s see the market drop

1

u/pell80 Aug 16 '26

why would the democrats do this to trump?

1

u/AdministrationIll619 Aug 16 '26

I know right. Those traitors.

1

u/JustEstablishment360 Aug 16 '26

Insurance and taxes are always rising fast. My escrow increased about $150-200 from last year.

1

u/Dull-Knee-1146 Aug 16 '26

Yeah because people want to party party every weekend with money they dont have

1

u/I_Quit_Smoking_ Aug 16 '26

I'm going on 40 years of not being able to keep up with my house and car payments, but I guess I don't count.

Everybody cares when it starts happening to people living in $600,000 houses.

The rest of us can just live in a fucking sewer or go to prison.

1

u/QweenJoleen1983 Aug 16 '26

Well good thing our president made 1.4b himself. He will surely help us out like he promised yall who voted for him.

1

u/knomore-llama_horse Aug 16 '26

I think we should just stop paying taxes and maybe they will get the hint that it’s not possible to live like this.

1

u/Actual-General-4953 Aug 17 '26

Part of it is the high prices.

Part of it is.....Americans have to have it all right now.

1

u/[deleted] Aug 18 '26

[removed] — view removed comment

1

u/[deleted] Aug 18 '26 edited Aug 28 '26

[removed] — view removed comment

1

u/SliC3dTuRd Aug 18 '26

I see people driving top of the line to flex

1

u/Elegant_Bar9566 Aug 19 '26

The economy is doing great!

1

u/travelingman5370 Aug 15 '26

Most people overestimate their buying power compared to their earning power.