American Paradox: It’s Never Been Cheaper for Cities and States to Borrow Money...And They Refuse to

[happydaze]

2. Most people are strapped up to their asses.

The avg amount on people's cc again is about $10,000. People need a damned raise and a job thats stable, full time, and has benefits.

And last I looked, the wealthy haven't paid in their fair share, but they would be the most likely to benefit from state and local municipalities going into debt to cover building contracts.

The whole damn thing is a load of rubbish. The banks are borrowing at 0% interest and may go negative from the Fed, and then loan the money back at interest to the American citizen thru bonds and make an interest from borrowing.

The Fed Reserve is a racket, right along with Wall St.