Is it just the ones who are in severe debt appluading the stimulus package?
Monday, October 13th, 2008
Glen B asked:
We live in a society where we spent 108 dollars to every 100 dollars of income. It’s no ones fault but those who take on debt irresponsibly. Why should I, or my fellow American, and our children’s children have to assume any DEBT you accumulated recklessly? It’s completely ignorant and thanks to the new stimulus package we’ll be paying interest on a revolving debt that will never turn into a surplus.
We live in a society where we spent 108 dollars to every 100 dollars of income. It’s no ones fault but those who take on debt irresponsibly. Why should I, or my fellow American, and our children’s children have to assume any DEBT you accumulated recklessly? It’s completely ignorant and thanks to the new stimulus package we’ll be paying interest on a revolving debt that will never turn into a surplus.
Personal Finance 101 for all the people who do not live within their means!