Past Rebates

I was listening to NPR and past rebate stimulus checks had been spent to pay down credit card debt but within six months the credit cards were charged back up.   In addition, according to NPR, most families carry an average of $10,000 in cc debt.  **gasp**  I’m not surprised but I’m happy as hell I’m not in one of those families.  But that cc debt, just like the foreclosure problems,  are going to come back and bite America in the butt.