This answer alone should destroy this administration. This conversation is essentially:
“people are hurting.”
“ceos are fine.”
Chris Geidner
BREAM: The Journal says percentage of delinquent credit card balances is 13%, the highest in 15 years. People are using them for necessities. Your message to them?
HASSETT: We talk to CEOs of the credit card companies all the time, and there's not any threat to them. People are taking a bit longer.
