economy with these tariffs. now the g7 except for trump brings in the prime minister of iran to this. so now you start to see people are standing up to donald trump and historically when you do that, he backs down. if that means going into this negotiation, xi does hold all te cards even though he says he s in a stronger position, doesn t seem to be the case. it shows how we are so dramatically different as a country. we just heard two explanations of how terrible the economy is at a time when we have more jobs than we have workers, wages are up, consumer confidence is up. sandra: businesses are concerned about the level. and i just said how good the economy is. a little critical of this economy, sorry. it s very different view and as you go into 2020, americans view the economy are going to be a big determination as to whether president trump and in today,
since the futures are saying only that at least 2 if not 3 rate cards are respected before year end but let s not forget either that the fed also encourages that risk taking from investors by lowering rates makes it harder to control any current excesses on financial markets also lou is there a nerd thank you. so the u.s. president is speculating that britain s departure from the e.u. will be good for the country and the united states but there s a number of on resolved issues the latest the deadline extension is a top 31st until then many britons are trying along and hoping for the best. the small market town of horrors in north yorkshire may be somewhat out of the way but it s most certainly not a sleepy hamlet that s thanks to a oppressive bill local councillor john blackie the post office the library the bus company all one slated for closure now they re run by locals and flourishing and
what is driving all this action and potentially more tweaks to the president s health care law. it is the election coming up. and there is a lot of pressure on democrats particularly in the senate if the president were to lose control of the senate. then he likely would have neither chamber and his final two years in office would be that much harder to implement this law and deal with immigration reform. bottom line, i spoke to an insurance industry official, a top one, who said in private conversations the officials are concerned when the president tweaked the plans last term, it was only extending them. if you like your plan you can keep them for a year. so what will happen in september, october, right on the eve of the elections those plans will run out again and people will get the rate cards that will tell them what they cost if they want to keep the plans. that is one reason it is driving the potential exchange, extending the plans for three years. what is interesting in context,
default rate if you are late just once. lookout for all of this kind of thing. there are damages to your credit. also fixed rates are not always fixed. a lot of us have variable rate cards these days if you are subject in the marketplace. if you have a fixed rate card all that means is the issuer has to be noticed they are raising their rates. something you want to lack at is opening mail for the issuer. 97 percent of us don t. we are aware of these changes to our account. might look good if you don t uses your credit card too often. you could get penalized for that. you have to keep them active. take them out to dinner every now and then tank of gas whatever the case may be. inactive accounts some of them are getting closed. detrimental effects to your credit card score. you are making minimum
2012 can be the year to take control of your finances again and end the year in better shape than you started. that is our goal, folks. stacy francis is the ceo of francis financial and john is president of consumer education at smart credit.com. welcome to the program. good morning. good to be here. john, we don t want to add more credit card debt. we don t want to end this year and go into 2012 with more credit card debt on top of the debt from the year before. how do you get a grip on this situation, your credit situation here? all that stuff you re going to open under the tree tomorrow morning, a lot of that stuff was paid for using store credit cards. retail store credit cards. the average interest rate on those cards is a whopping 24.9%. that is absolutely absurd. so as you enter 2012 the first thing you should do when you get those bills is to endeavor to attack the balance as quickly as possible because every single month you revolve one of those balances you ca