If the Bush ecomomy is so strong why id personal debt at a all time high???
Are people going into debt to help the Bush War effort???
2007-05-04 15:15:30 · 9 answers · asked by ShortBus43 2 in Politics & Government ➔ Politics
They are like the government. Spending money they don't have.
Who suffers is you and I after they go bankrupt and their debt is added to your rates!
I didn't realize people were using their credit card to fund the war. Bush is using OUR credit card to fund the war and keep the rich on corporate welfare. The only problem is, we are not going bankrupt, so you will, and are, paying for that as well!
2007-05-04 15:23:11 · answer #1 · answered by cantcu 7 · 0⤊ 0⤋
Hell no... It's sad too because they give college kids credit cards without even credit checks. They know these students are poor and will spend money they don't have.
This is not Bush's fault though... They have been doing this for years. It' just building up... Wait till you see it 10 years after Bush is out of office.
What makes it even worse is now we have these companies that help get payments cut... All that does is builds more interest. Funny part about this is people pay to get smaller credit card payments... And these companies who "work" with the credit card companies are the credit card companies.
2007-05-04 22:21:19 · answer #2 · answered by Anonymous · 3⤊ 0⤋
first how would going into personal debt help the war effort i don't get that part.
second everyone is going into personal debt for a number of reasons. but most of all its because people need to be first (the me generation) no one wants to wait for anything.
2007-05-04 22:40:31 · answer #3 · answered by Anonymous · 0⤊ 0⤋
People are going into debt because they're spending more money than they have, kinda like the government always does. It has nothing to do with the war. What kind of connection do you see there?
2007-05-04 22:19:05 · answer #4 · answered by Gonzo Rationalism 5 · 2⤊ 0⤋
People are going into debt because they spend more than they make. The country is going into debt over Iraq.
2007-05-04 22:19:51 · answer #5 · answered by Liam M 4 · 0⤊ 0⤋
I don't see the relation? A lot of stupid Americans think they deserve more than they can earn. If people want to politicize the oil companies, I guess you can do the same with charge card companies. Who's next, doughnut shops? I hear Dunkins is planning to open a thousand stores in the next 12 years. Whould we go after them for their profits next?
2007-05-04 22:22:25 · answer #6 · answered by thewindywest 5 · 0⤊ 0⤋
Whatever the cons are doing is bad. We dont need credit and debt. We need to get rid of the US military and give the money to the poor. That way everyone is equal and happy. A no class system ith no suffering.
Liberals of the World Unite!
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2007-05-04 22:19:02 · answer #7 · answered by ? 1 · 0⤊ 4⤋
No...people are going into debt because they don't pay their bills.
2007-05-04 22:18:27 · answer #8 · answered by The Cult of Personality 5 · 5⤊ 0⤋
Is there anybody forcing you to own a credit card?
2007-05-04 22:20:36 · answer #9 · answered by NO SOUP 4 U! 1 · 4⤊ 0⤋