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


To: Land Shark who wrote (391928)4/14/2003 2:25:27 PM
From: chomolungma  Read Replies (1) | Respond to of 769670
 
Especially with the level of debt, both consumer,

This is a widely held misbelief.

Consumer debt service is not much higher than it has been in the past 20 years.

federalreserve.gov

When looking at these numbers be sure to take into account that credit cards used solely for transaction purposes and are counted as debt has raised this level 1-1 1/2 percent.