“People say gas prices are hurting them.”
“We talk to the CEOs of oil companies all the time and they’re doing just fine.”
Mark Nance
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.