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Well the thing is this. If we wouldn't use credit,
we could buy more. If buying is good for the nation, buying more would be better. We are trading short term gain for long term pain.
posted by
SuccessWarrior
on December 3, 2006 at 10:34 AM
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At least someone is finally catching on!
Increasingly, we are being made to feel as if we have to go out there and spend, spend, spend to keep people employed and the economy humming. No note is being made of the impact all that production (necessary to provide us with consumer goods on which we must spend our money to keep the economy healthy) has on the environment. (Not to mention on our personal economic health, as you have documented so well with regard to the interest rates we pay on credit card balances and loans.)
posted by
kidnykid
on December 3, 2006 at 10:10 AM
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