How In Debt Are We?

Originally posted at on December 28, 2011

“To put the numbers in perspective, imagine if your family had an income of $21,700 with no prospect of increasing your pay. Imagine that your bills total $38,200 per year and that you already owe $142,710 on your credit card. Could you get out of that situation? Add eight zeroes to each number and you are talking about America.” –email from GOOOH

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