Quote:
Originally posted by 350HP930
Hey, if its good enough for the government why shouldn't the average american do the same?
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The problem is I don't think the government is even making minimum payments on some of this debt.....hence part of the problem of stripping other programs (e.g., social security).
A good point is raised....how long can one go with paying just the minimum payment...then continuing to borrow, then paying the minimum payment...eventually I would think one can't even afford the minimum payment anymore......