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To: Ilaine who wrote (108119)	6/11/2001 9:14:56 PM
From: Mark Adams	Read Replies (2) \| Respond to of 436258

Thanks. I played with the economagic site earlier today after Grace posted a link to it. The federalreserve.gov link is quite clear- you don't even need a graph to see the debt burden hasn't increased substantially. I guess the only thing that came of my primitive graphing efforts is awareness of the shift towards greater revolving debt. Oh, and a bit more ability to create charts in excel. Personally, I feel that consumer debt in aggregate isn't the problem it's made out to be, after looking at the data. It's quite possible that the lack of debt in the more affluent quintile is offsetting a higher level of debt in the lower quintile. The higher savings rate of the bottom 80% defray this consideration some, combined with the probability that affluent people know how to use debt to their advantage, therefore probably hold a higher percentage of outstanding debt. One thing did occur to me, that .15-.17 ratios are actually percentages- ie consumer debt amount to 15-17% of Gross income over the 30 year period. That does match the estimated data in the Fed table fairly closely.