They’re Gaslighting You on Inflation and Credit Card Debt While Your Wallet Burns
Politically Homeless and Proud of It
I left the Republican Party when George W. Bush was still in office. I’ve never looked back. My politics are simple. Stay out of my life, don’t spend money we don’t have, and for the love of everything, don’t stand in front of a camera and tell me prices are only a problem in New York and California when I’m watching my grocery bill in Florida.
I don’t do donkey gaslighting. I don’t do elephant gaslighting. I do reality. And right now, reality is getting buried under an avalanche of spin from people who should know better and probably do.
The Credit Card Answer That Should Infuriate You
A White House economic advisor was asked on camera about credit card stress in America. That stress, by the way, is at levels not seen since the Great Recession. The question was pointed. The moment was there.
His answer? The credit card companies are doing fine. We talk to them all the time. No systemic bank issues.
That’s the answer. That’s what you get.
- No one asked whether Visa was going to survive the quarter
- The question was about American families buried in debt at 27% interest rates
- Credit cards are non-recourse loans. They can’t take back your dinner out. That’s why the rate is 27%. The risk is priced in for them. Not for you.
- The follow-up question never came. The anchor moved on. The gaslighting was complete.
This is how it works. You ask something uncomfortable, you get a pivot to a metric that sounds reassuring but answers a completely different question, and if the interviewer doesn’t press, the moment dies. Mission accomplished.
The Inflation Lie Is Getting More Aggressive
Now we’re being told that inflation is basically a New York and California problem. That’s the new talking point. Regional. Coastal. Not your issue if you live in the middle of the country.
I live in Florida. My listeners live all over this country. Prices are up. Consumer sentiment is at record lows. That’s not a blue state number. That’s a national number. CEOs are discussing the real economic pressures they face in earnings calls and interviews. These are people legally required to be truthful about material business conditions.
So who do you believe? The executive who has to answer to shareholders, or the political appointee who has to answer to an administration?
The Bifurcated Economy Is a Real and Present Danger
Here is what a bifurcated economy actually means for you.
- Asset holders at the top feel fine. Markets recover. Real estate holds.
- Wage earners in the middle and bottom feel the squeeze every single day
- National debt continues to compound at a pace that no one in either party wants to honestly discuss
- Tariff policy gets sold as protecting American workers while the price increases get absorbed by American consumers
- And through all of it, the people in charge keep grinning and telling you it’s under control
I Called It Early and I’ll Keep Calling It
When I came out against certain policies around Liberation Day, I got hate mail. People swore they were done with me. Some of those people have since apologized. I don’t need the apology. I need you to understand that no political loyalty is worth more than your financial security.
I’m the Watchdog. I don’t have a team jersey. I have a balance sheet and a responsibility to tell you what’s actually happening, not what sounds good ahead of the next election cycle.
The credit card stress is real. The inflation is real. The gaslighting is real. And the only way to protect yourself is to stop letting either party manage your perception of economic reality.
