The front page of today’s Chicago Tribune business section has a headline:
“Bailing on debt… Consumers are carrying smaller balances on credit cards, so issuers are ratcheting up reward programs to boost use.”
I hope we’re, collectively, not so stupid to buy into the credit industry’s pitches and buy more crap we don’t need and pile up debt all over again.
Surely we’re not that stupid. Of course today’s Tribune also reported 10 million people watched “The Decision” regarding LeBron James. We’re doomed.