‘The economy is not working’: MSNBC’s Katy Tur claims people have 30-year car loans

MSNBC host Katy Tur said she talked to a lot of potential 2020 voters, and many were concerned about how long it takes to pay off their car loans.

“When I ask people if they’re voting for Donald Trump, I hear about their 401(k)s a lot,” the host said Tuesday. “But there are those out that who don’t have a 401(k). And there are those out there, this economy is not really working for them. They might have a job, but it’s not a job that pays their bills. They can get a car, but it’s a loan that will last them 30 years.”

“The economy is not working in a way that makes their lives function properly,” she added. Most car loans last between two and six years, with some being as long as seven years.


Tur’s criticism of the economy comes as President Trump is touting record stock market highs. “New Stock Market RECORD,” the president tweeted Tuesday. “Congratulations, spend your money wisely. KEEP AMERICA GREAT!!!!!” The S&P 500 and the Nasdaq composite both hit record highs this week.

Related Content