The original snippet I posted was the number of bankruptcies, among all bankruptcies, that were related to non-inflationary economic reasons. Not the number of bankruptcies against all US households. You just keep moving goalposts. Not everyone struggles with these costs files for bankruptcy.
You are still trying to say a small sliver represents the whole. A fallacy you repeat time and time again. The aggregate numbers matter when you are talking aggregate changes in policy. Look at the Fed Reserve report you posted. Essentially, things were great...
...financially for people in 2021. This is because the govt sent lots of money to folks. Things returned back to pre-pandemic as govt support pulled back but were on an upward trend again in 2024. Plus, some of that govt support, esp refundable child tax credits, should be restored.
Home prices grew ~50% during this period of time and have yet to return to "pre-pandemic levels". Wage growth hasn't even come close to catching up with housing costs during the same timeframe.
Yeah, I never said bankruptcies represent the whole. I said they were AN indicator. Not THE indicator. The only fallacy here is you continuing to push a metric that doesn't factor in substantial causes of negative consumer sentiment. I have now shared multiple sources of data that support this.
If you look at any recent data involving housing affordability and healthcare costs, you see the overwhelming majority of consumer sentiment reflects the top 4 causes of bankruptcies currently. These do not factor into CPI.