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Apparently, more Americans are making their minimum payment on time... but the average American added over $4000 to the average credit card debt this quarter.
Now... we can say that they're all lazy bastards living beyond their means... or just as likely they have NO choice if they don't want to get kicked out of their home because they're unemployed and no one is hiring them. They're buying *food* with their credit cards, for example.
Many corporations have recently been caught specifying "no unemployed need apply" in their ads. They only want you if you already have a job.
Then there's the job sectors that have just vanished... and guess what - retraining for a new profession costs a lot of money. And of course, you're probably unemployed while you're retraining. So.... good luck getting hired.
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