Personal Debt-Information On Average Personal Debt, Personal Debt Consolidation Loan, Personal Debt Consolidation

Slick asked:


How many of the uninsured can’t afford healthcare because they go deep in debt to buy things they think they DESERVE to have. How can someone be called poor when they have a cell phone, flat screen tv, ipod, computer, internet, housing, fancy cars, rims on those cars, jewelry, drug money, liquor money, $200 sneakers, expensive clothes, etc, etc, etc……..

Ardith Bedillion

asked:


Democrats=Personal Finance FAIL

No wonder that “The View” and Ellen attract such a huge audience.

Matthew

Lever asked:


What I mean is, in the Great Depression people were buying out goods with money they couldn’t pay back and the stock market also had investors doing the same. In this recession, the action of people buying things they couldn’t afford or that wasn’t worth it became the problem.

My point is, if the bad decisions of individual people or corporations are causing these recessions, does that mean that this is a normal occurrence, especially when people are allowed to get themselves into debt and make unwise investment decisions?

Porter Elwick

Concerned Ghetto Citizen asked:


I love liberals logic… “Oh we’re spending to much money, no problem lets just raise our credit limit” I wish my creditors were so frivolous as liberals were.

Bud Bandura

OSU Buckeyes asked:


Don’t get me wrong, I **** having to deal with a nation in debt, and I wish Obama would tone down spending a little bit. But come on, Mr. Beck obsesses about it. It seems anytime I turn him on, all he talks about is us going into debt.

Why does he act like it’s his personal debt? Seriously, he needs to calm down about it. Does he get pain out of it or something? Is it just that this is the only thing he can talk about? It just gets on my nerves.
Julia, I know it’s a problem, I said that, but it’s not the end of the world like Beck thinks.

Pearly Loy

Jorge Washington asked:


People borrowing money like crazy then the banks who rent the rich people’s money at a modest interest are getting more money.

Do you think there should be legislation that regulates borrowing and bank lending?

Hailey Bayon

Poopypuss4 asked:


Would you be upset?

That’s how much every single American owes the rest of the world!

Then you can add your personal debt.
The 47K comes from 14 TRILLION, the National Debt according to the OMB report divided by 300 Million… the legal population of the US.

http://en.wikipedia.org/wiki/Office_of_Management_and_Budget

Cathie Piscitelli

JennB asked:


Fixing the economic crisis = stopping foreclosures, increasing employment, decreased wage stagnation, reducing health care costs, creating more savings incentives, reducing personal debt, etc.

Reducing federal deficit = halting or limiting government spending

Verline Naill

Purge DC! asked:


We all know the national debt is ~$13 TRILLION.

That is the Federal Gov’s national debt. What is the combined total government debt from all levels of government?

What is the total personal debt of the USA citizens?

What do you get when you add total government debt + total personal debt of USA citizens?
I don’t want corporate debt….I just want total government + personal.
So it is about

$32.86 TRILLION for total government + Personal?

I figured state and local would be more. I figured personal would be more too because I know mortgage debt = ~$13 trillion.

So that is so bad. It is only $106,000/person. That is it?

Benton Herrell

Matthew D asked:


By way of economic growth?
I sometimes fear quite frightened at all the misrepresentation is laid out to the public on this debate. Too many people think it works like personal finance. I know this is done because that is what they expect the lay person to relate to.
However, can we all at least be on the same page here?

Charlott Snellbaker