To: tacticalogic
I meant this from your post in #3
"why do their household debt stats look like their all living on second mortgages and maxed out credit cards?"
14 posted on
02/05/2016 10:21:48 AM PST by
Kaslin
(He needed the ignorant to reelect him. He got them and now we have to pay the consequences)
To: Kaslin
I think it’s mostly mortgage debt because of the housing market bubble, but the tax structure is making it impossible for them to be able to pay it back and just keep getting in deeper and deeper.
17 posted on
02/05/2016 10:26:19 AM PST by
tacticalogic
("Oh bother!" said Pooh, as he chambered his last round.)
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