American Econ.

mr dave · 05-12-2009, 04:14 PM

Quote:

Originally Posted by coryallen2

Okay so what are we going to do about this mess?

stop competing with your neighbors.

stop spending frivolously.

take personal responsibility for your actions.

people are not in debt because of the economy. people are in debt because they overspent and refuse to own up to the fact that they chose to live larger lifestyle than their means provided for them.

~~coryallen2~~ · 05-13-2009, 06:20 AM

Quote:

Originally Posted by mr dave

stop competing with your neighbors.

stop spending frivolously.

take personal responsibility for your actions.

people are not in debt because of the economy. people are in debt because they overspent and refuse to own up to the fact that they chose to live larger lifestyle than their means provided for them.

This is true in part. Most of the debt is from the war in Iraq.