“If there IS any recovery, it occured to me that it’s because people have tightend their belts enough to start making an impact on paying down consumer debt.”
Well, this household is free and clear of consumer dbet; now we’re putting all extra cash on the (very managable) mortgage on our farm. Took me two years, but I did it. :)
I’m not sure that paying down consumer debt is helping the economy at all at this point, though it IS helping individuals get a CLUE.
It’s not helping the banks; they’re losing interest on everything we pay off. And, good for us!
Someone help us out here...
with about 19% of the adult population out of work what do these government morons expect????? more taxes coming in??? nobama hates America as we all know it. he is redistributing everyone else’s wealth...just like he said he would. would those who voted for nobama please let others slap you silly, you losers.