[Sam the Sham]

You notice I said households. It was you who tried to cloud matters by per capita, as if children filed for bankruptcy.

This is as bad as it has ever been.

[discostu]

BWAHAHAHAHAHA

Anybody that thinks this is as bad as it has ever been needs to do some reading. Things aren't even remotely bad now,, actually they're pretty damn good. Jobs are growing, GDP is up, inflation is down, and all the paranoid stories about jobs going over seas are desperate attempts to make mountains out of molehills and only believed by desperate fools that like being unhappy.

[Southack]

"This is as bad as it has ever been."

No, farm and home foreclosures in 1935 were vastly higher than farm and home foreclosures in 2003.

Even if you limit the debate to bankruptcies alone, there were 82,000 business bankruptcies in 1987 versus only 36,000 in 2003.

Frankly, what these stats should tell you is that personal bankruptices are being abused to dodge debt more today than back in the past when such tactics were more used to protect assets from legitimate hardships.