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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Neocon who wrote (52111)	10/25/2000 12:42:07 PM
From: Selectric II	Read Replies (1) \| Respond to of 769670

...despite bankruptcy having become socially acceptable and encouraged in the '80's, and the rules having been tightened up in the '90's.

To: Neocon who wrote (52111)	10/25/2000 5:21:05 PM
From: nihil	Read Replies (1) \| Respond to of 769670

Business bankruptcies always lag behind new startups because 95% of new businesses fail. Business startups have been booming, so business failures are also up. Personal bankruptcies are largely due to credit card abuse, and lag expansion of consumer credit which has been expanding rapidly in the past few years.