Reading today’s issue of The Leader, 11/27, 2019, was fun.
On page 3 was a very nasty letter about our President. I was not overjoyed to read it but I do take pleasure that we live in a country where a citizen can freely make such virulent statements about the person we elected to be President without repercussions.
On page 4 was an entirely different article. Wisconsin State-chartered credit unions posted a strong third quarter. In point of fact, credit union total assets went up from $37.0B for all of 2018 to $40.2B for three quarters of 2019. Now, where do credit unions get that sort of increase? Because people have enough money to save. Oh yeah, delinquent loans held steady at historic lows of 0.64%
Economic news such as this is not unique. Unemployment is way down, with many people returning to the workforce who had left it from 2009 to 2017.