Friday, May 12, 2006

Righties proven wrong - AGAIN

Oh my! Look at this! You mean to tell me it's basics, not luxuries, which are driving Americans into debt? I guess those righties are wrong! Could it be that poor people and debtors are poor and in debt because they just aren't making enough to live on? OMG! Wow, what a shocking revelation! [/sarc]
Why are Americans so deeply in debt? It's not because they are using credit cards to buy plasma TVs and premium coffee drinks at Starbucks. The real culprits, according to a new analysis, are the rising costs of housing, health care and education.
Someone cut the bootstraps a long time ago.

Of course, as always, the study is "biased" because it wasn't conducted by a rightwing "think" tank.

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