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[–] 14 points 3 months ago

I know it isn't a "household debt" metric, but I just noticed this while shopping for a family member. In six months, youth t-shirts at Disney parks went from $24.99, to $29.99 last week, to $34.99 this week.

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  • [...]mortgage balances increased by $21 billion to $13.19 trillion, home equity line of credit balances jumped by $12 billion to $446 billion, and automobile loan balances rose by $18 billion to $1.69 trillion.

    Working families are at a breaking point and desperately need relief. President Trump is bragging about his plans for a new White House ballroom while his head economist touts families’ surging debts as a sign of a booming economy.

    Booming. Economy.

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