http://getoutofdebt.org/5553/it-will-take-93-years-for-people-to-get-out-of-debt Free debt help and debt advice on how to get out of debt, getting out of debt consolidation scams, and inside information on the debt relief and debt help industry. Fri, 25 May 2012 02:12:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://getoutofdebt.org/5553/it-will-take-93-years-for-people-to-get-out-of-debt#comment-17478 Justin Thu, 17 Dec 2009 13:55:31 +0000 http://getoutofdebt.org/?p=5553#comment-17478 "two-thirds more than the average debt accumulated by its clients in 2001." I know there is something going on in the world other than a bunch of people not being able to budget their money. It seems like the perfect storm in financials with public debt. During the Bush years the price of fuel skyrocketed, causing the cost of food, merchandise shipping costs, everything to go up and become very difficult to afford. The increased price of insurance, Healthcare mainly, but also after hurricanes in the south, home insurance went up drastically. We the people have had little choice but to put basic needs on the credit card. Sure, if we hadn't made that extra purchase we may have been ok, but in the 70's and 80's that extra purchase wouldn't have sent us into bankruptcy. Today's climate is a different story, and it seems to be disintegrating the middle class, leaving only the rich and poor to run the world, and which of those two classes makes the rules? Once we lose the middle class, it's doubtful that mankind will move forward in civility, research, anything with meaning with no motivation to pursue anything. If your born rich, what's the motivation to create? If your born poor with no chance of getting ahead, what's the motivation? Things need to change, and I've heard that tagline before, but nothing is changing, the corporations run the world and we're all screwed..... Merry Christmas :) “two-thirds more than the average debt accumulated by its clients in 2001.”
I know there is something going on in the world other than a bunch of people not being able to budget their money. It seems like the perfect storm in financials with public debt. During the Bush years the price of fuel skyrocketed, causing the cost of food, merchandise shipping costs, everything to go up and become very difficult to afford. The increased price of insurance, Healthcare mainly, but also after hurricanes in the south, home insurance went up drastically. We the people have had little choice but to put basic needs on the credit card. Sure, if we hadn’t made that extra purchase we may have been ok, but in the 70′s and 80′s that extra purchase wouldn’t have sent us into bankruptcy. Today’s climate is a different story, and it seems to be disintegrating the middle class, leaving only the rich and poor to run the world, and which of those two classes makes the rules? Once we lose the middle class, it’s doubtful that mankind will move forward in civility, research, anything with meaning with no motivation to pursue anything. If your born rich, what’s the motivation to create? If your born poor with no chance of getting ahead, what’s the motivation? Things need to change, and I’ve heard that tagline before, but nothing is changing, the corporations run the world and we’re all screwed…..
Merry Christmas :)

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