Debt
The article "The Debt Debate," discusses our nation's problems with credit card debt and clearly points out that people are significantly more in debt to credit card companies today than they have ever been. Several possible reasons for this debt are explored. Warren believes that "increasing costs without an increase in wage is the culprit while Manning blames people who currently think of credit cards as "an entitlement." I personally have to agree with the article's notion that credit card debt is a serious problem in America because, unfortunately, I can relate to this issue. Currently I have five credit cards adding up to over three thousand dollars of debt. This may not be a huge amount, but it does create a burden for me. I put a significant amount of blame for this debt on the ridiculous number of credit card offers flooding everyone's mail boxes, the high interest rates and fees some credit card companies charge, and America's obsession with having a good credit......
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