Sad. And speaks to why our country is not poised for economic recovery. Too
many are unwilling to sacrifice to save our children from unbearable debt.
Scary to think where this country will be financially in 10-20 years.
Today, too many American are willing to go into debt for a cheeseburger...
What that survey really tells us is over half of the respondents are idiots.
If they are counting, as the story implies, everyone who purchases with a credit
card as someone who is willing to go into debt, then this article is severely
distorted. I buy my gas, my lunch, my groceries, and just about everything else
with a credit card, and pay it off in full every month as I'm sure many
others do. It's not going into debt, it's convenience.Not that
I'd buy an iPhone. A $6/month tracfone suits me fine.
The average American is neither very bright nor very disciplined.
That, (sigh), is why we fail.
Huh! I thought it was Obama's fault, not the personal responsibility of
That is a really sad thing to read. A quote I one heard: "In a consumer
society, there are two kinds of slaves: the prisoners of addiction and the
prisoners of envy." Which camp do these folks fall into?I will
tip my hat toMr. Pearson however. He is a wise man...Regards...