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To: the invisib1e hand
If the economy is in such bad shape, why are people still maxing out their accounts and spending like there's no tomorrow?

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

5 posted on 06/01/2008 6:19:28 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: goldstategop
If the economy is in such bad shape, why are people still maxing out their accounts and spending like there's no tomorrow?

Well, i'm not agreeing about the economy being in bad shape - but more people are "maxing out their accounts and spending like there's no tomorrow" because they have to.

Everything is more expensive - and w/ so many living paycheck to paycheck - they're getting caught... they don't have room for a doubling in energy costs, increases in import prices, and a significant increase in food costs. The cash ain't there.

just sayin....

14 posted on 06/01/2008 6:53:12 PM PDT by Principled (Vaporize the "Divide and Conquer" taxes - Have everyone pay the same marginal rate!. NRST!)
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