The Robert Reich and Elizabeth Warren videos are great. Thank you for including them. The Robert Reich piece in particular is infuriating. I have been complaining about this to friends for months. Do you have any recommendations on what we little people can do about this? I feel increasingly lame in our current political climate. After years of writing postcards and routinely calling my senators during the last administration, and seeing nothing change, I’ve kind of given up hope.
I have been considering a rewards perk card, particularly one that awards airline miles, because hey, I might as well get in on some of those perks. But on the other hand, when I read the New York Times article, I feel like the only control I have in the situation is to boycott that card and not participate. (interestingly, amazingly, despite my incredibly high outstanding graduate school loans, I have a very high credit score.) Meanwhile, I opened one of those zero interest for 14 months cards last fall in order to get my car fixed and some other things. The meager amount I’ve been able to pay on it every month, however, has been wiped out by the recent necessity of a new computer. (Mine simply was no longer working right after eight years. And to keep the cost down I bought a refurbished but in the end it was still a $1300 charge.) it all feels like an endless loop. And at credit card interest rates reaching as high as 26% these days, how does one ever pay them off? The problem is just as bad as school loans. :/
The Robert Reich and Elizabeth Warren videos are great. Thank you for including them. The Robert Reich piece in particular is infuriating. I have been complaining about this to friends for months. Do you have any recommendations on what we little people can do about this? I feel increasingly lame in our current political climate. After years of writing postcards and routinely calling my senators during the last administration, and seeing nothing change, I’ve kind of given up hope.
I have been considering a rewards perk card, particularly one that awards airline miles, because hey, I might as well get in on some of those perks. But on the other hand, when I read the New York Times article, I feel like the only control I have in the situation is to boycott that card and not participate. (interestingly, amazingly, despite my incredibly high outstanding graduate school loans, I have a very high credit score.) Meanwhile, I opened one of those zero interest for 14 months cards last fall in order to get my car fixed and some other things. The meager amount I’ve been able to pay on it every month, however, has been wiped out by the recent necessity of a new computer. (Mine simply was no longer working right after eight years. And to keep the cost down I bought a refurbished but in the end it was still a $1300 charge.) it all feels like an endless loop. And at credit card interest rates reaching as high as 26% these days, how does one ever pay them off? The problem is just as bad as school loans. :/