More Americans Take on Credit Card Debt amid Skyrocketing Inflation

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As Biden's catastrophic inflationary economy crushes working families, more Americans are taking on credit card debt to afford basic necessities.

“Credit card debt is easy to get into and hard to get out of,” according to Ted Rossman, a senior analyst at Creditcards.com. “High inflation and rising interest rates are making it even harder to break free.”

Consumer prices for basic necessities are also rising, increasing the likelihood that more Americans will rack up credit card debt to keep up with costs.of food at home rose 13.5 percent from the previous year, according to the U.S. Bureau of Labor Statistics. Despite gasoline dropping by 10.6 percent from July to August, it is still up by a staggering 25.6 percent from the previous year, Breitbart NewsFifty-six percent of Americans say President Joe Biden’s 40-year-high inflation has caused them hardship, up from 49 percent in January and 45 percent in November, a Gallup poll found this week.

 

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Now they will start paying more on those cards because interest rates are going up, up, up.

I paid mine off recently and had my husband hide it. I wanted to use it the other day for something and now we can't find it, lol! It will stay hidden; I will just have to do without and vote every GD Democrat I can out of office come November.

We’ll find out in November if voters are tired of being absolutely crushed by the communist party.

The current administration know nothing about economics. Agree?

Millions more Americans can take on debt because they have jobs they lost when the FormerDefeatedPresident was in the White House.

GOP added $7.8 Trillion to our debt Fake conservatives Fake patriots Fake Christians Installing Putin-style fake democracy

Go for it what

Democrats are destroying Americans. Except the criminals they love them.

And the GOP refused to implement credit card interest rate regulations and price gauging. Nice.

Horse, meet shit. It's not Biden and you f**king know it. Cut the gaslighting and tell the truth for once in your pointless lives.

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