In response to:

America’s Dreadful Debt Legacy

adrianvance Wrote: Feb 15, 2013 10:51 PM
Clearly, there are people who believe we can borrow forever. Thay are called Democrats. Come see us at The Two Minute Conservative at http://adrianvance.blogspot.com and when you speak ladies will swoon and liberal gentlemen will weep.

Americans live in a consumer culture. We like to buy things. When we can’t afford to purchase something we really want, we turn to credit cards and loans, even though we end up paying more due to interest payments. Over half the population paid interest on credit cards in the past year. “Buy now – pay later”. This mindset has resulted in the plague of personal debt many families are struggling with. Unfortunately the “buy now – pay later” mentality is not limited to the individual consumer, Americans are also inclined to incur debt to fund government projects we can’t...