State Exactly Exactly Just What?! Brand Brand Brand Brand New Trump Economic Report Claims More Payday Advances Will Raise Household Incomes

State Exactly Exactly Just What?! Brand Brand Brand Brand New Trump Economic Report Claims More Payday Advances Will Raise Household Incomes

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Trump Jumps Gun, Counts CFPB’s Proposed Rule Scrapping Payday Protections as a provided to Make definitely questionable Conclusions

Washington D.C. – File Under: Fantasy Land Economics. Today, Donald Trump’s Council of Economic Advisors circulated a brand new report that included one especially eyebrow-raising claim: that unrestricted use of pay day loans are good for home incomes. Despite an obvious reputation for predatory methods and sky-high interest levels, Trump’s financial mind trust determined that repealing essential debtor defenses will somehow cause better results for People in america. Continue reading “State Exactly Exactly Just What?! Brand Brand Brand Brand New Trump Economic Report Claims More Payday Advances Will Raise Household Incomes”