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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: jjetstream who wrote (38280)	4/7/2001 10:40:31 AM
From: stomper	Respond to of 50167

3:00pm 04/06/01 FEB. CONSUMER CREDIT UP $13.5 BLN VS. $9.3 BLN FORECAST

To: jjetstream who wrote (38280)	4/7/2001 11:30:13 AM
From: J. P.	Respond to of 50167

Agreed. I just think we're going into a period where people are going to have to think a little bit more about their finances. Maybe save a little, maybe use their credit card a little less. The average person is not going to see his house go up in value 50% in 3 years and leverage into a place more expensive than they could afford any other way. I don't think this is a tragedy, we're just reverting to the mean and it's going to be a little more difficult to acquire and maintain the "good life".