Tuesday, March 27, 2007

Looks like we're all in trouble

I was reading an article ( America, Maxed Out), which has a rather scary sentence in the opening paragraph...

the majority of Americans can no longer get by a single day without taking on
additional debt

Yup, that is indeed scary. The article goes on to mention that while our debt has increased over 1,000%, our income has only increased around 1%...yikes! But I was sitting in a job interview yesterday and had to give out the amounts I was making at my last three jobs...and I was shocked to see that it was the exact same amount! And yes, my debt has increased in that time span. How exactly do you get ahead with those statistics on reality?

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