S12 EP20: Hour 3 - Consumers Prepare for Doom
The Erick Erickson Show
Erick Erickson
4.5 • 874 Ratings
🗓️ 31 January 2023
⏱️ 38 minutes
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Transcript
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| 0:00.0 | Welcome to the Eric Erickson Show podcast, Our Three. |
| 0:12.0 | Hello America. |
| 0:13.6 | It is Eric Erickson here across the nation. |
| 0:16.9 | Glad to have you with me. |
| 0:18.1 | The phone number is 877-97-9-73-7-4-25, should you wish to be on the program. |
| 0:29.1 | Really glad to have you. |
| 0:30.8 | Now, we've got to move on to, sadly, the economic news of the day, which is exceedingly frustrating in large |
| 0:39.9 | part because consumers, I guess we could say, are expecting an economic downturn. |
| 0:50.5 | And who can really blame them, given what we're seeing across the nation economically. |
| 0:58.2 | There are more and more signs that even though the government appears to be encouraged by what's |
| 1:07.9 | going on, they don't necessarily, oh, I don't know. |
| 1:14.1 | They don't want to, they don't want to ring alarm bells, but consumers themselves are kind of getting tipped off. |
| 1:23.8 | Now, I'll deal with this personally. |
| 1:28.3 | I've got credit card debt. I've got credit card debt. |
| 1:30.3 | I've got more credit card debt than I should have, frankly. |
| 1:33.3 | And we're working to pay it off. |
| 1:36.3 | I have a credit card. I pay it off every month. |
| 1:38.3 | But I've got one where essentially because as I was growing my syndicated show, things were, there were things |
| 1:47.7 | I had to buy and I did not have the revenue stream with the company to be able to buy them |
| 1:51.9 | as I was growing it. |
| 1:52.7 | I put it on my personal credit card and I've got a large balance on this credit card and it is, I'm slow to pay it off. I'm paying it off a little bit |
| 2:04.1 | every month and I'm more and more mindful that I need to get all of my debt paid off as quickly as |
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