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Fox News host worried about economic collapse. (bsky.app)
submitted 1 day ago by Sir_Kevin@lemmy.dbzer0.com to c/leopardsatemyface@lemm.ee
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Charles Payne warns of a collapse in American spending, citing steep declines in restaurant, airline, and lodging purchases. Bank of America data shows credit card spending stagnating as debt hits record highs. Rising interest rates are squeezing consumers.

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[-] Seleni@lemmy.world 65 points 1 day ago

It’s okay. As long as we give the rich more tax breaks, I’m sure the economy will get better! /s

[-] LuxSpark@lemmy.cafe 34 points 1 day ago

Yes, all that money will "trickle down" to consumers. It will be like a refreshing spring rain washing over us and not at all like a jar of trucker piss thrown from a window.

this post was submitted on 09 Mar 2025
111 points (100.0% liked)

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