White House economic director downplays economic anxiety amid higher prices

[Figarosmom]

13. He's part of the society that uses his money

To make more money. They thing when regular working folk use a credit card for everyday purchases it's a good thing. Even though credit card defaults are at it's highest level ever. People used to pay off their balances every month. Now they carry balances and have large interest rates. With gas prices so high and so many people traveling more than 20 miles to work every day those defaults are going to surge.

There isn't anyone in trumps treasury or cabinet positions that have a clue how everyday Americans live and just think we can just go out and borrow money on high interest revolving accounts. What's the big deal is what they think.