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Household Debt—How Much Money Does Everybody Owe? Q2 2019 Edition
The Basis Point ^ | 08/20/2019 | Spencer White

Posted on 08/20/2019 12:38:57 PM PDT by SeekAndFind

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To: Openurmind

What’s interesting about our National Debt at 22 Trillion?

It’s the same amount the US has already paid out for Reparations. (Great Society)

https://www.heritage.org/poverty-and-inequality/commentary/assessing-the-great-society


41 posted on 08/20/2019 3:16:40 PM PDT by Responsibility2nd
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To: Responsibility2nd

That is crazy!


42 posted on 08/20/2019 3:20:18 PM PDT by Openurmind
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To: SeekAndFind

Vote Democrat and they’ll pay for everything.


43 posted on 08/20/2019 4:11:14 PM PDT by maddog55
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To: SeekAndFind

What about those of us who are living within our means?


44 posted on 08/20/2019 4:25:05 PM PDT by fella ("As it was before Noah so shall it be again,")
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To: Gay State Conservative

We’ve always lived at or below our means. Even though I don’t need to, I still do. I rarely even buy clothes that are not on the clearance rack and absolutely never not on sale.

Never any credit card debt. Small mortgage and a small car loan, because I’m making more with the money invested.


45 posted on 08/20/2019 5:13:00 PM PDT by cyclotic (Democrats must be politically eviscerated, disemboweled and demolished.)
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To: Responsibility2nd

Thanks for your posts/links. BTTT!


46 posted on 08/20/2019 5:45:28 PM PDT by PGalt
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To: fella

I confess I have $20k in low interest credit card debt. It’s my fault, hubby didn’t do it.

But since we have $2.2 million in liquid assets, I’m not worried, the debt is 0.9% of our liquid net worth. I’d dip into the piggy bank to zero out the balance, but hubby wants me to pay it off the hard way, month by month by month. He wants me to feel the pain and I suppose he’s right LOL.


47 posted on 08/20/2019 5:58:02 PM PDT by RooRoobird20 ( "Democrats haven't been this angry since Republicans freed the slaves”)
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To: RooRoobird20

Wife and I were as poor as church mice when we started. Banks wouldn’t loan us a thing. So when we got ahead we never borrowed. Lived in small cracker box house and drove old cars. Embarrassed the kids. But we’re comfortable now with some property to boot.


48 posted on 08/20/2019 7:22:21 PM PDT by fella ("As it was before Noah so shall it be again,")
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