deeply engrained in our ersatz-culture. I suppose I could dig for the usual #s re average CC-holders' running balances {at rates in the %20s}.
I know of university educated folks, some maybe only 5 years younger than I who thus, can add.. behaving no more sententiously about instant gratification than the 13 yo with a stolen CC at the Mall.
Naturally I'm biased, coming from a Gen whose parents lived the depression and survived (well, one of them) WW-II. I've never taken out a car loan, and have paid off CCs sfter using their convenience for the month - except for periodic intentional "min pays" to put a glitch into their stats on my habits.
(Real Estate loans never count - house buying in US has been a subsidized commodity almost forever - though even That is far less certain a tax-break now in '03, if one is anticipating a Reckoning occurring sooner rather than that fantasy of never.)
Hardly anything need be said about the stark hypocrisy of all the pols, and about the resemblance to the Ostrich of most Muricans - as expressed by Jake IIRC, "Tax & spend VS Borrow & spend" pretty well limns the shell game of premeditated langage murder.
Yup... Nobody wants to look at Crazy Aunt Maude.. still. ergo -
Nobody for President!
Nobody Can! bring rationality to a Murican Dreamstate policy.
Nobody Will speak honestly about the idiocy that is now epidemic.
(Nobody saves!) too..
(Nobody for Congress too - She Can Do It All!)
Ashton