[MCN] MarketWatch: The State of the American Wallet
Lance Olsen
lance at wildrockies.org
Wed Jan 31 11:06:51 EST 2018
MarketWatch. January 31 2018
Trump’s first State of the Union highlights economy — but what’s the real state of the American wallet?
https://www.marketwatch.com/story/as-trump-delivers-first-state-of-the-union-whats-the-real-state-of-the-american-wallet-2018-01-30 <https://www.marketwatch.com/story/as-trump-delivers-first-state-of-the-union-whats-the-real-state-of-the-american-wallet-2018-01-30>
Excerpt
MarketWatch’s State of the American Wallet <https://www.marketwatch.com/story/these-10-numbers-reveal-the-average-americans-financial-health-how-do-you-compare-2017-09-15> dashboard paints a real-time portrait — in data — of how the average American family is faring financially. It updates automatically every month as new data on income, debt and cost of living are recorded.
The numbers provide another picture of American financial health — one with some dark spots. While consumers are spending more freely, they’re often borrowing money to do so. Credit card debt reached record levels in 2017 <https://www.marketwatch.com/story/us-households-will-soon-have-as-much-debt-as-they-had-in-2008-2017-04-03>, and student loan and auto loan debt <https://www.marketwatch.com/story/auto-lending-is-vigorous-even-as-high-risk-delinquencies-build-2017-11-14>are ballooning.
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“Being a committed, consistent climate hawk will occasionally put one at odds with
the rhetorical tropes, policy habits, and priorities of environmentalism. Think solar
panels in fragile desert ecosystems. Wind turbines that kill birds. Transmission lines
that bisect species habitats.”
https://www.vox.com/energy-and-environment/2018/1/27/16935382/climate-change-ugly-tradeoffs
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