Forbes' Artful Lie About Car Loans

 We are not optimists about the Biden economy, but Forbes' take on late car payments is deceptive, to say the least.

Higher car prices and rising interest rates are hindering car owners’ ability to afford their vehicle payments, as 6.1% of subprime auto borrowers are at least 60 days past due on their loans, the highest percentage in data dating back to 1994...

That lead graf is under this headline:

 Americans Are Overdue With Their Car Payments At Highest Rate In Nearly 30 Years

Notice what Forbes did there?  They erased "subprime....borrowers" from the headline, which makes a really, really, big difference.

New car sales are slowing down and used-car prices are dropping.  That's directly related to BidenFlation and the jump in interest rates.  And subprime borrowers are probably in deep doo-doo, as the cost of food-at-home (!!) has grown by 20% in the last couple of years.

But the headline projects a lie.  Don't be fooled.