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Don't you mean cash consumers. "Credit Greed" is what got us into this mess along with a few other economic issues. How did our parents do it (balance a home budget), forty years ago? Remember, this was before credit cards. It was done via cash and check book accounting. If you didn't have the cash in the bank for the item (TVs, furniture, gifts), the average family would save the money during the year and buy the items when they went on sale. We all knew the big sale days (Holidays) and looked forward to getting more for your money back then. Fiscal responsibility starts at home. The government forgot about this and now the corporations and businesses that did not pratice fiscal integrity because of greedy executives and government ineptitude has put us right back to 1939.
The Fat Lady has started singing and we don't like the tune.
